8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): April 20, 2015

SunTrust Banks, Inc.

__________________________________________

(Exact name of registrant as specified in its charter)

Georgia	001-08918	58-1575035
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)
303 Peachtree Street, N.E., Atlanta, Georgia		30308
(Address of principal executive offices)		(Zip Code)

Registrant's telephone number, including area code (404) 558-7711

	Not Applicable
Former name or former address, if changed since last report

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02 Results of Operations and Financial Condition.

Item 7.01 Regulation FD.

On April 20, 2015, SunTrust Banks, Inc. (the “Registrant”) announced financial results for the period ended March 31, 2015. A copy of the news release announcing such results is attached hereto as Exhibit 99.1 and is incorporated herein by reference. The Registrant intends to hold an investor call and webcast to discuss these results on April 20, 2015, at 8:00 a.m. Eastern time. Additional presentation materials relating to such call are furnished hereto as Exhibit 99.2 and are incorporated herein by reference.

The foregoing information is furnished pursuant to Item 2.02, “Results of Operations and Financial Condition,” and Item 7.01, “Regulation FD.” Consequently, it is not deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section. It may only be incorporated by reference into another filing under the Exchange Act or Securities Act of 1933 if such subsequent filing specifically references this Form 8-K. All information in the news release and presentation materials speak as of the date thereof and the Registrant does not assume any obligation to update said information in the future. In addition, the Registrant disclaims any inference regarding the materiality of such information which otherwise may arise as a result of its furnishing such information under Item 2.02 or Item 7.01 of this report on Form 8-K.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

99.1    News release dated April 20, 2015 (furnished with the Commission as a part of this Form 8-K).

99.2    Presentation slides dated April 20, 2015 (furnished with the Commission as a part of this Form 8-K).

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.                                                                     

		SUNTRUST BANKS, INC.
		(Registrant)
Date:	April 20, 2015	By: /s/ Thomas E. Panther
		Thomas E. Panther, Senior Vice President, Director of Corporate Finance and Controller

EX-99.1

Exhibit 99.1

News Release

Contact:
Investors	Media
Ankur Vyas	Hugh Suhr
(404) 827-6714	(404) 827-6813

For Immediate Release

April 20, 2015

SunTrust Reports First Quarter 2015 Results

Continued Efficiency Progress and Asset Quality Improvements Drive Solid Earnings Growth

ATLANTA -- SunTrust Banks, Inc. (NYSE: STI) today reported net income available to common shareholders of $411 million, or $0.78 per average common diluted share, representing a 7% per share increase compared to the first quarter of 2014.

Earnings in the prior quarter were $378 million, or $0.72 per average common diluted share, and included a $145 million legal provision expense related to legacy mortgage matters. Excluding the impact of this expense, adjusted earnings per share for the prior quarter were $0.88.

“Continued expense discipline and strong asset quality performance, coupled with growth in noninterest income, contributed to solid performance in the first quarter and helped to mitigate the impact of the persistent low rate environment,”  said William H. Rogers, Jr., chairman and CEO of SunTrust Banks, Inc. “As we look forward, we remain focused on deepening client relationships and executing our strategic priorities, particularly improving returns and efficiency, to further enhance shareholder value.”

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First quarter 2015 Financial Highlights

Income Statement

• Net income available to common shareholders was $411 million, or $0.78 per average common diluted share, a 7% increase, per share, over the first quarter of 2014.

• Total revenues declined 2% compared to the prior quarter and the first quarter of 2014 due to a decline in net interest income.

• Noninterest income increased 3%, both sequentially and compared to the first quarter of 2014, based largely on higher mortgage production-related income, as well as a gain realized upon the sale of legacy affordable housing properties during the current quarter.

• Noninterest expense decreased $130 million compared to the prior quarter, primarily driven by the impact of the $145 million legal provision expense related to legacy mortgage matters in the prior quarter. Excluding this impact, noninterest expense increased $15 million, as seasonally higher compensation and benefits expenses were partially offset by declines in other expense categories.

◦ Noninterest expense declined 6% compared to the first quarter of 2014 due to declines in most expense categories and the sale of RidgeWorth Capital Management in the second quarter of 2014.

• The efficiency and tangible efficiency ratios in the current quarter were 64.2% and 63.9%, respectively.

Balance Sheet

• Average total loans for the current quarter increased 4% compared to the first quarter of 2014, while loan sales and transfers of loans to held-for-sale during the latter part of the prior quarter resulted in stable average loans on a sequential quarter basis.

• Average client deposits increased 3% sequentially and 9% compared to the first quarter of 2014.

Capital

• Estimated capital ratios continued to be well above regulatory requirements. The Basel III Common Equity Tier 1 ratio and Tier 1 Capital ratios were estimated to be 9.8% and 10.8%, respectively, as of March 31, 2015, on a fully phased-in basis.

• During the quarter, the Company:

◦ Repurchased $115 million of common shares.

◦ Announced its capital plan, which includes:

▪ The purchase of up to $875 million of its common shares between the second quarter of 2015 and the second quarter of 2016.

▪ A 20% increase in the quarterly common stock dividend from $0.20 per share to $0.24 per share, beginning in the second quarter of 2015, subject to approval by the Company's Board of Directors.

• Book value per share was $42.21, and tangible book value per share was $30.49, both up 2% sequentially. The increase was primarily due to growth in retained earnings.

Asset Quality

• Asset quality continued to improve, as nonperforming loans declined 3% from the prior quarter and totaled 0.46% of total loans at March 31, 2015.

• Net charge-offs for the current quarter were $99 million, representing 0.30% of average loans on an annualized basis, relatively stable to the prior quarter and the first quarter of 2014.

• The provision for credit losses decreased $19 million and $47 million compared to the prior quarter and the first quarter of 2014, respectively, driven by the continued improvement in asset quality, combined with lower loan growth in the current quarter.

• At March 31, 2015, the allowance for loan losses to period-end loans ratio was 1.43%.

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(Dollars in millions, except per-share data)
Income Statement (presented on a fully taxable-equivalent basis)	1Q 2014			4Q 2014			1Q 2015
Net income available to common shareholders	$393			$378			$411
Earnings per average common diluted share	0.73			0.72			0.78
Adjusted earnings per average common diluted share (1)	0.73			0.88			0.78
Total revenue	2,030			2,043			1,992
Net interest income	1,239			1,248			1,175
Provision for credit losses	102			74			55
Noninterest income	791			795			817
Noninterest expense	1,357			1,410			1,280
Net interest margin	3.19		%	2.96		%	2.83		%
Balance Sheet
(Dollars in billions)
Average loans		$128.5			$133.4			$133.3
Average consumer and commercial deposits	128.4			136.9			140.5
Capital
Basel III capital ratios at period end (2) :
Tier 1 capital (transitional)	N/A			N/A			10.75		%
Common Equity Tier 1 ("CET1") (transitional)	N/A			N/A			9.90		%
Common Equity Tier 1 ("CET1") (fully phased-in)	N/A			N/A			9.80		%
Total average shareholders’ equity to total average assets	12.28		%	12.08		%	12.24		%
Asset Quality
Net charge-offs to average loans (annualized)	0.35		%	0.28		%	0.30		%
Allowance for loan and lease losses to period-end loans	1.58		%	1.46		%	1.43		%
Nonperforming loans to total loans	0.72		%	0.48		%	0.46		%

(1) See page 22 for non-U.S. GAAP reconciliation 

(2) Current period Tier 1 capital and CET1 ratios are estimated as of the date of this news release. Basel III Final Rules became effective for the Company on January 1, 2015; thus, Basel III capital ratios are not applicable ("N/A") in periods ending prior to January 1, 2015.

Consolidated Financial Performance Details

(Presented on a fully taxable-equivalent basis unless otherwise noted)

Revenue

Total revenue was $2.0 billion for the current quarter, a decrease of $51 million compared to the prior quarter. The decline was primarily driven by lower net interest income, partially offset by an increase in noninterest income, which benefited from higher mortgage production-related income. Compared to the first quarter of 2014, total revenue declined $38 million, driven largely by a decrease in net interest income and foregone RidgeWorth revenue, partially offset by higher mortgage production-related and capital markets-related income.

Net Interest Income

Net interest income was $1.2 billion for the current quarter, a decline of $73 million compared to the prior quarter. The decrease was primarily due to the expected decline in commercial loan swap income, higher mortgage-backed securities (MBS) premium amortization, and two fewer days in the current quarter. Compared to the first quarter of 2014, the $64 million decline in net interest income was driven by lower commercial loan swap income, higher MBS premium amortization expense, and lower loan yields, partially offset by growth in average earning assets.

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Net interest margin for the current quarter was 2.83% compared to 2.96% in the prior quarter and 3.19% in the first quarter of 2014. The 13 basis point decline compared to the prior quarter was driven primarily by lower commercial loan swap income and higher MBS premium amortization expense. The 36 basis point decline in net interest margin compared to the first quarter of 2014 was due primarily to 32 and 53 basis point declines in loan and investment securities yields, respectively, due to the aforementioned factors, combined with the impact of the prolonged low interest rate environment on asset yields.

Noninterest Income

Noninterest income was $817 million for the current quarter, compared to $795 million for the prior quarter and $791 million for the first quarter of 2014. The $22 million increase from the prior quarter was due largely to increased mortgage-related and trading revenue, as well an $18 million gain on the sale of legacy affordable housing investments, partially offset by declines in other fee income categories. Compared to the first quarter of 2014, noninterest income increased $26 million, driven primarily by higher mortgage-related and capital markets-related income, as well as the gain on the sale of legacy affordable housing investments, partially offset by foregone RidgeWorth revenue.

Mortgage production-related income for the current quarter was $83 million compared to $61 million for the prior quarter and $43 million for the first quarter of 2014. The increase compared to both prior periods was due tohighermortgage production volume and improved gain-on-sale margins. Mortgage production volume increased 8% sequentially and 64% compared to the first quarter of 2014.

Mortgage servicing-related income was $43 million in the current quarter, compared to $53 million in the prior quarter and $54 million in the first quarter of 2014. The decline compared to the prior quarter was driven in large part by higher servicing asset decay expense arising from increased prepayment volume, combined with elevated servicing fees in the prior quarter that reflected seasonal activity. Compared to the first quarter of 2014, the $11 million decline was due to higher decay, partially offset by higher servicing fees from a larger servicing portfolio. The servicing portfolio was $142 billion at March 31, 2015, compared to $142 billion at December 31, 2014 and $135 billion at March 31, 2014.

Investment banking income was $97 million for the current quarter, compared to $109 million in the prior quarter and $88 million in the first quarter of 2014. The sequential quarter decline was due primarily to a decline in syndicated finance activity, partially offset by higher equity origination and debt capital markets fees. Compared to the first quarter of 2014, the increase was due to higher equity origination fees. Trading income was $55 million for the current quarter, compared to $40 million for the prior quarter and $49 million in the first quarter of 2014. The sequential quarter increase was driven by an increase in fixed income-related trading revenue. Compared to the first quarter of 2014, the increase was driven largely by a decline in mark-to-market valuation losses on the Company's debt carried at fair value.

Trust and investment management income was $84 million in both the current and prior quarter and $130 million in the first quarter of 2014. The $46 million decline compared to the first quarter of 2014 was due entirely to foregone revenue resulting from the sale of RidgeWorth in the second quarter of 2014.

Other noninterest income was $63 million for the current quarter, compared to $42 million for the prior quarter and $38 million for the first quarter of 2014. The increase compared to both periods was primarily due to the aforementioned $18 million gain from the sale of legacy affordable housing investments in the current quarter.

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Noninterest Expense

Noninterest expense for the current quarter was $1.3 billion, compared to $1.4 billion in both the prior quarter and the first quarter of 2014. The prior quarter included a $145 million legal provision for legacy mortgage matters. Excluding this expense, noninterest expense was increased slightly sequentially and declined $77 million, or 6%, compared to the first quarter of 2014. Compared to prior quarter, seasonally higher employee compensation was partially offset by declines in most expense categories. Compared to the first quarter of 2014, the decline was due to lower employee compensation and benefits expense in the current quarter, primarily driven by a reduction in expenses related to the RidgeWorth sale, as well as reductions in other expense categories resulting from the Company's efficiency efforts, together with the recognition of a $36 million impairment of certain legacy affordable housing investments during the first quarter of 2014.

Employee compensation and benefits expense was $771 million in the current quarter, compared to $670 million in the prior quarter and $800 million in the first quarter of 2014. The sequential increase of $101 million was due to the seasonal increase in employee benefits and FICA taxes, as well as normalized levels of incentive compensation and medical expenses. The $29 milliondecrease from the first quarter of 2014 was largely a result of the sale of RidgeWorth.

Operating losses were $14 million in the current quarter, compared to $174 million in the prior quarter, which included the $145 million legal provision related to legacy mortgage matters, and $21 million in the first quarter of 2014. Compared to both prior periods, excluding the $145 million legal provision in the prior quarter, the declines were primarily due to recoveries of previously recorded mortgage-related losses.

Outside processing and software expense was $189 million in the current quarter, compared to $206 million in the prior quarter and $170 million in the first quarter of 2014. The $17 million sequential decline was primarily due to elevated costs in the prior quarter, as a result of timing of rendering certain services in addition to the replacement cost of specific software. The $19 million increase compared to first quarter of 2014 was due to higher utilization of certain third-party services, higher mortgage production volume, and higher software-related expenses tied to technology investments.

Marketing and customer development expense was $27 million in the current quarter, compared to $43 million in the prior quarter and $25 million in the first quarter of 2014. Compared to the prior quarter, the $16 milliondecrease was driven largely by a seasonal decline in advertising expenses.

FDIC premium and regulatory costs were $37 million in the current quarter, compared to $32 million in the prior quarter, and $40 million in the first quarter of 2014. The sequential increase reflected growth in average deposits during 2014, resulting in higher FDIC insurance premiums. Compared to the first quarter of 2014, the decline was driven by lower FDIC insurance premiums arising from improvements in the Company's risk profile.

Other noninterest expense was $111 million in the current quarter, compared to $146 million in the prior quarter and $168 million in the first quarter of 2014. The $35 million sequential decrease was primarily driven by a decline in legal and consulting fees alongside $17 million in recoveries of previously recognized losses related to the financial crisis. The $57 milliondecrease compared to the first quarter of 2014 was driven primarily by the recognition of a $36 million impairment of legacy affordable housing assets during the first quarter of 2014 and the current quarter recoveries of previously recognized losses related to the financial crisis.

Income Taxes

For the current quarter, the Company recorded an income tax provision of $191 million, compared to $128 million for the prior quarter and $125 million for the first quarter of 2014. The effective tax rate for the current quarter was approximately 31%, compared to approximately 28% in the prior quarter, which excludes the tax impact ($57 million) of the $145 million legal provision expense, and 23% in the first quarter of 2014. The effective tax rate in the first quarter of 2014 was favorably impacted by certain discrete items.

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Balance Sheet

At March 31, 2015, the Company had total assets of $189.9 billion and shareholders’ equity of $23.3 billion, representing 12% of total assets. Book value per share was $42.21, and tangible book value per share was $30.49, both up 2% compared to December 31, 2014, driven by growth in retained earnings.

Loans

Average performing loans were $132.7 billion for the current quarter, unchanged compared to the prior quarter, and up 4% over the first quarter of 2014. Sequentially, average C&I loans and average consumer direct loans increased $1.2 billion and $402 million, respectively. Average consumer indirect loans and average guaranteed student loans declined $880 million and $403 million, respectively, reflecting the impact of loan sales and transfers to held for sale during the latter part of the prior quarter. Compared to the first quarter of 2014, average performing loans increased $5.1 billion, or 4%, with growth across most portfolios other than residential, guaranteed student, and consumer indirect loans.

Deposits

Average client deposits for the current quarter were $140.5 billion, compared to $136.9 billion in the prior quarter and $128.4 billion in the first quarter of 2014. Sequentially, average client deposits increased 3% due to a $2.8 billion, or 9%, increase in NOW account balances and a $1.3 billion, or 3%, increase in money market account balances. Partially offsetting this growth in lower-cost deposits was a $0.3 billion, or 3%, decline in time deposits. Compared to the first quarter of 2014, average client deposits increased 9%, driven by increases in lower-cost deposits, partially offset by a $2.1 billion, or 16%, decrease in time deposits.

Capital and Liquidity

The Company’s estimated capital ratios are well above current regulatory requirements with Basel III Common Equity Tier 1 and Basel III Tier 1 capital ratios at an estimated 9.8% and 10.8%, respectively, at March 31, 2015, on a fully phased-in basis. The ratios of total average equity to total average assets and tangible equity to tangible assets were 12.24% and 9.34%, respectively, at March 31, 2015. The Company continues to have substantial available liquidity in the form of its client deposit base, cash, high-quality government-backed securities, and other available funding sources.

During the first quarter, the Company declared a common stock dividend of $0.20 per common share, consistent with the prior quarter and up $0.10 per share from the first quarter of 2014. Additionally, during the current quarter, the Company repurchased $115 million of its outstanding common stock, which completed the authorized share repurchases in conjunction with the 2014 capital plan.

In March, the Company announced that the Federal Reserve had no objections to the repurchase of up to $875 million of the Company's outstanding common stock to be completed between the second quarter of 2015 and the second quarter of 2016, as part of the Company's capital plan submitted in connection with the 2015 CCAR. Additionally, subject to Board approval, the Company intends to increase its quarterly common stock dividend 20% to $0.24 per common share beginning in the second quarter of 2015 and maintain the current level of dividend payments on its preferred stock.

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Asset Quality

Total nonperforming assets were $696 million at March 31, 2015, down 11% compared to the prior quarter and 36% compared to the first quarter of 2014. At March 31, 2015, the percentage of nonperforming loans to total loans was 0.46% compared to 0.48% at December 31, 2014. Other real estate owned totaled $79 million, a 20%decrease from the prior quarter and a 48% decrease from the first quarter of 2014.

The provision for credit losses was $55 million, a decline of $19 million from the prior quarter and $47 million from the first quarter of 2014, driven by the continued improvement in asset quality and lower loan growth in the current quarter. Net charge-offs were $99 million during the current quarter, relatively stable to the prior quarter and the prior year. The ratio of annualized net charge-offs to total average loans was 0.30% during the current quarter, compared to 0.28% during the prior quarter and 0.35% during the first quarter of 2014.

At March 31, 2015, the allowance for loan and lease losses was $1.9 billion, which represented 1.43% of total loans, a $44 million and 3 basis point decline from December 31, 2014. The decline was primarily due to the continued improvement in asset quality during the quarter.

Early stage delinquencies declined 8 basis points from the prior quarter to 0.56% at March 31, 2015. Excluding government-guaranteed loans, early stage delinquencies were 0.26%, down 4 basis points from the prior quarter.

Accruing restructured loans totaled $2.6 billion and nonaccruing restructured loans totaled $255 million at March 31, 2015, of which $2.6 billion were residential loans, $126 million were consumer loans, and $109 million were commercial loans.

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OTHER INFORMATION

Business Segment Results

The Company has included business segment financial tables as part of this release. The Company’s business segments include: Consumer Banking and Private Wealth Management, Wholesale Banking, and Mortgage Banking. All revenue in the business segment tables is reported on a fully taxable-equivalent basis. For the business segments, results include net interest income, which is computed using matched-maturity funds transfer pricing. Further, provision for credit losses represents net charge-offs by segment combined with an allocation to the segments of the provision attributable to quarterly changes in the allowance for loan and lease losses and unfunded commitment reserve balances. SunTrust also reports results for Corporate Other, which includes the Treasury department as well as the residual expense associated with operational and support expense allocations. The Corporate Other segment also includes differences created between internal management accounting practices and U.S. Generally Accepted Accounting Principles ("U.S. GAAP") and certain matched-maturity funds transfer pricing credits and charges. A detailed discussion of the business segment results will be included in the Company’s forthcoming Form 10-Q.

Corresponding Financial Tables and Information

Investors are encouraged to review the foregoing summary and discussion of SunTrust’s earnings and financial condition in conjunction with the detailed financial tables and information which SunTrust has also published today and SunTrust’s forthcoming Form 10-Q. Detailed financial tables and other information are also available at investors.suntrust.com. This information is also included in a current report on Form 8-K furnished with the SEC today.

Conference Call

SunTrust management will host a conference call on April 20, 2015, at 8:00 a.m. (Eastern Time) to discuss the earnings results and business trends. Individuals may call in beginning at 7:45 a.m. (Eastern Time) by dialing 1-888-972-7805 (Passcode: 1Q15). Individuals calling from outside the United States should dial 1-517-308-9091 (Passcode: 1Q15). A replay of the call will be available approximately one hour after the call ends on April 20, 2015, and will remain available until May 20, 2015, by dialing 1-800-568-6276 (domestic) or 1-402-344-6819 (international). Alternatively, individuals may listen to the live webcast of the presentation by visiting the SunTrust investor relations website at investors.suntrust.com. Beginning the afternoon of April 20, 2015, listeners may access an archived version of the webcast in the “Events & Presentations” section of the investor relations website. This webcast will be archived and available for one year.

SunTrust Banks, Inc., headquartered in Atlanta, is one of the nation’s largest banking organizations, serving a broad range of consumer, commercial, corporate and institutional clients. The Company operates an extensive branch and ATM network throughout the Southeast and Mid-Atlantic States and a full array of technology-based, 24-hour delivery channels. The Company also serves clients in selected markets nationally. Its primary businesses include deposit, credit, and trust and investment management services. Through various subsidiaries, the Company provides mortgage banking, insurance, brokerage, equipment leasing, and capital markets services. SunTrust’s Internet address is www.suntrust.com.

Important Cautionary Statement About Forward-Looking Statements

This news release includes non-GAAP financial measures to describe SunTrust’s performance. The reconciliations of those measures to GAAP measures are provided within or in the appendix to this news release. In this news release, the Company presents net interest income and net interest margin on a fully taxable-equivalent (“FTE”) basis, and ratios on an annualized basis. The FTE basis adjusts for the tax-favored status of income from certain loans and investments. The Company believes this measure to be the preferred industry measurement of net interest income and provides relevant comparison between taxable and non-taxable amounts.

This news release contains forward-looking statements. Statements regarding potential future share repurchases, and future expected dividends are forward-looking statements. Also, any statement that does not describe historical

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or current facts is a forward-looking statement. These statements often include the words “believes,” “expects,” “anticipates,” “estimates,” “intends,” “plans,” “forecast,” “goals,” “targets,” “initiatives,” “focus,” “potentially,” “probably,” “projects,” “outlook” or similar expressions or future conditional verbs such as “may,” “will,” “should,” “would,” and “could.” Forward-looking statements are based upon the current beliefs and expectations of management and on information currently available to management. Our statements speak as of the date hereof, and we do not assume any obligation to update these statements or to update the reasons why actual results could differ from those contained in such statements in light of new information or future events.

Forward-looking statements are subject to significant risks and uncertainties. Investors are cautioned against placing undue reliance on such statements. Actual results may differ materially from those set forth in the forward looking statements. Future dividends, and the amount of any such dividend, must be declared by our board of directors in the future in their discretion. Also, future share repurchases and the timing of any such repurchase are subject to market conditions and management's discretion. Additional factors that could cause actual results to differ materially from those described in the forward-looking statements can be found in Part I, “Item 1A. Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2014 and in other periodic reports that we file with the SEC.

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SunTrust Banks, Inc. and Subsidiaries

FINANCIAL HIGHLIGHTS

(Dollars in millions and shares in thousands, except per share data) (Unaudited)

	Three Months Ended March 31						%
	2015			2014			Change
EARNINGS & DIVIDENDS
Net income		$429			$405		6	%
Net income available to common shareholders	411			393			5
Total revenue - FTE 1, 2	1,992			2,030			(2	)
Net income per average common share:
Diluted	0.78			0.73			7
Basic	0.79			0.74			7
Dividends paid per common share	0.20			0.10			100
CONDENSED BALANCE SHEETS
Selected Average Balances:
Total assets		$189,265			$176,971		7	%
Earning assets	168,179			157,343			7
Loans	133,338			128,525			4
Intangible assets including MSRs	7,502			7,666			(2	)
MSRs	1,152			1,265			(9	)
Consumer and commercial deposits	140,476			128,396			9
Brokered time and foreign deposits	1,250			2,013			(38	)
Total shareholders’ equity	23,172			21,727			7
Preferred stock	1,225			725			69
Period End Balances:
Total assets	189,881			179,542			6
Earning assets	168,269			158,487			6
Loans	132,380			129,196			2
Allowance for loan and lease losses ("ALLL")	1,893			2,040			(7	)
Consumer and commercial deposits	143,239			130,933			9
Brokered time and foreign deposits	1,184			2,023			(41	)
Total shareholders’ equity	23,260			21,817			7
FINANCIAL RATIOS & OTHER DATA
Return on average total assets	0.92		%	0.93		%	(1	)%
Return on average common shareholders’ equity	7.59			7.59			—
Return on average tangible common shareholders' equity 1	10.53			10.78			(2	)
Net interest margin 2	2.83			3.19			(11	)
Efficiency ratio 2	64.23			66.83			(4	)
Tangible efficiency ratio 1, 2	63.91			66.65			(4	)
Effective tax rate	31			23			35
Basel III capital ratios at period end (transitional) 3:
CET1	9.90		%	N/A
Tier 1 capital	10.75			N/A
Total capital	12.70			N/A
Leverage	9.40			N/A
Basel III fully phased-in CET1 ratio 3	9.80			N/A
Basel I capital ratios at period end 3:
Tier 1 common	N/A			9.90		%
Tier 1 capital	N/A			10.88
Total capital	N/A			12.81
Tier 1 leverage	N/A			9.57
Total average shareholders’ equity to total average assets	12.24			12.28			—
Tangible equity to tangible assets 1	9.34			9.01			4
Book value per common share		$42.21			$39.44		7
Tangible book value per common share 1	30.49			27.82			10
Market capitalization	21,450			21,279			1
Average common shares outstanding:
Diluted	526,837			536,992			(2	)
Basic	521,020			531,162			(2	)
Full-time equivalent employees	24,466			25,925			(6	)
Number of ATMs	2,176			2,243			(3	)
Full service banking offices	1,444			1,501			(4	)

¹  See Appendix A for reconcilements of non-U.S. GAAP performance measures.

²  Total revenue, net interest margin, and efficiency ratios are presented on a fully taxable-equivalent (“FTE”) basis. The FTE basis adjusts for the tax-favored status of net interest income from certain loans and investments. The Company believes this measure to be the preferred industry measurement of net interest income and it enhances comparability of net interest income arising from taxable and tax-exempt sources. Total revenue - FTE equals net interest income on a FTE basis plus noninterest income.

³ Current period capital ratios are estimated as of the earnings release date. Basel III Final Rules became effective for the Company on January 1, 2015; thus, Basel III capital ratios are not applicable ("N/A") in periods ending prior to January 1, 2015 and Basel I capital ratios are N/A in periods ending subsequent to January 1, 2015.

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SunTrust Banks, Inc. and Subsidiaries

FIVE QUARTER FINANCIAL HIGHLIGHTS

(Dollars in millions and shares in thousands, except per share data) (Unaudited)

	Three Months Ended
	March 31			December 31			September 30			June 30			March 31
	2015			2014			2014			2014			2014
EARNINGS & DIVIDENDS
Net income		$429			$394			$576			$399			$405
Net income available to common shareholders	411			378			563			387			393
Adjusted net income available to common shareholders 1	411			466			433			436			393
Total revenue - FTE 1, 2	1,992			2,043			2,031			2,201			2,030
Total revenue - FTE, excluding gain on sale of asset management subsidiary 1, 2	1,992			2,043			2,031			2,096			2,030
Net income per average common share:
Diluted	0.78			0.72			1.06			0.72			0.73
Adjusted diluted 1	0.78			0.88			0.81			0.81			0.73
Basic	0.79			0.72			1.07			0.73			0.74
Dividends paid per common share	0.20			0.20			0.20			0.20			0.10
CONDENSED BALANCE SHEETS
Selected Average Balances:
Total assets		$189,265			$188,341			$183,433			$179,820			$176,971
Earning assets	168,179			167,227			163,688			160,373			157,343
Loans	133,338			133,438			130,747			130,734			128,525
Intangible assets including MSRs	7,502			7,623			7,615			7,614			7,666
MSRs	1,152			1,272			1,262			1,220			1,265
Consumer and commercial deposits	140,476			136,892			132,195			130,472			128,396
Brokered time and foreign deposits	1,250			1,399			1,624			1,893			2,013
Total shareholders’ equity	23,172			22,754			22,191			21,994			21,727
Preferred stock	1,225			1,024			725			725			725
Period End Balances:
Total assets	189,881			190,328			186,818			182,559			179,542
Earning assets	168,269			168,678			165,434			162,422			158,487
Loans	132,380			133,112			132,151			129,744			129,196
ALLL	1,893			1,937			1,968			2,003			2,040
Consumer and commercial deposits	143,239			139,234			135,077			131,792			130,933
Brokered time and foreign deposits	1,184			1,333			1,430			1,493			2,023
Total shareholders’ equity	23,260			23,005			22,269			22,131			21,817
FINANCIAL RATIOS & OTHER DATA
Return on average total assets	0.92		%	0.83		%	1.25		%	0.89		%	0.93		%
Return on average common shareholders’ equity	7.59			6.91			10.41			7.29			7.59
Return on average tangible common shareholders' equity 1	10.53			9.62			14.59			10.29			10.78
Net interest margin 2	2.83			2.96			3.03			3.11			3.19
Efficiency ratio 2	64.23			69.00			62.03			68.93			66.83
Tangible efficiency ratio 1, 2	63.91			68.44			61.69			68.77			66.65
Effective tax rate	31			25			10			30			23
Basel III capital ratios at period end (transitional) 3:
CET1	9.90		%	N/A			N/A			N/A			N/A
Tier 1 capital	10.75			N/A			N/A			N/A			N/A
Total capital	12.70			N/A			N/A			N/A			N/A
Leverage	9.40			N/A			N/A			N/A			N/A
Basel III fully phased-in CET1 ratio 3	9.80			N/A			N/A			N/A			N/A
Basel I capital ratios at period end 3:
Tier 1 common	N/A			9.60		%	9.63		%	9.72		%	9.90		%
Tier 1 capital	N/A			10.80			10.54			10.66			10.88
Total capital	N/A			12.51			12.32			12.53			12.81
Tier 1 leverage	N/A			9.64			9.51			9.56			9.57
Total average shareholders’ equity to total average assets	12.24			12.08			12.10			12.23			12.28
Tangible equity to tangible assets 1	9.34			9.17			8.94			9.07			9.01
Book value per common share		$42.21			$41.52			$40.85			$40.18			$39.44
Tangible book value per common share 1	30.49			29.82			29.21			28.64			27.82
Market capitalization	21,450			21,978			20,055			21,344			21,279
Average common shares outstanding:
Diluted	526,837			527,959			533,230			535,486			536,992
Basic	521,020			521,775			527,402			529,764			531,162
Full-time equivalent employees	24,466			24,638			25,074			25,841			25,925
Number of ATMs	2,176			2,187			2,192			2,212			2,243
Full service banking offices	1,444			1,445			1,454			1,473			1,501

¹  See Appendix A for reconcilements of non-U.S. GAAP performance measures.

²  Total revenue, net interest margin, and efficiency ratios are presented on a fully taxable-equivalent (“FTE”) basis. The FTE basis adjusts for the tax-favored status of net interest income from certain loans and investments. The Company believes this measure to be the preferred industry measurement of net interest income and it enhances comparability of net interest income arising from taxable and tax-exempt sources. Total revenue - FTE equals net interest income on a FTE basis plus noninterest income.

³ Current period capital ratios are estimated as of the earnings release date. Basel III Final Rules became effective for the Company on January 1, 2015; thus, Basel III capital ratios are not applicable ("N/A") in periods ending prior to January 1, 2015 and Basel I capital ratios are N/A in periods ending subsequent to January 1, 2015.

11

SunTrust Banks, Inc. and Subsidiaries

CONSOLIDATED STATEMENTS OF INCOME

(Dollars in millions and shares in thousands, except per share data) (Unaudited)

	Three Months Ended					(Decrease)/Increase
	March 31
	2015		2014			Amount			% 2
Interest income		$1,272		$1,336			($64	)	(5	)%
Interest expense	132		132			—			—
NET INTEREST INCOME	1,140		1,204			(64		)	(5	)
Provision for credit losses	55		102			(47		)	(46	)
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES	1,085		1,102			(17		)	(2	)
NONINTEREST INCOME
Service charges on deposit accounts	151		155			(4		)	(3	)
Other charges and fees	89		88			1			1
Card fees	80		76			4			5
Investment banking income	97		88			9			10
Trading income	55		49			6			12
Trust and investment management income	84		130			(46		)	(35	)
Retail investment services	72		71			1			1
Mortgage production related income	83		43			40			93
Mortgage servicing related income	43		54			(11		)	(20	)
Net securities losses	—		(1		)	(1		)	(100	)
Other noninterest income	63		38			25			66
Total noninterest income	817		791			26			3
NONINTEREST EXPENSE
Employee compensation and benefits	771		800			(29		)	(4	)
Outside processing and software	189		170			19			11
Net occupancy expense	84		86			(2		)	(2	)
Equipment expense	40		44			(4		)	(9	)
FDIC premium/regulatory exams	37		40			(3		)	(8	)
Marketing and customer development	27		25			2			8
Operating losses	14		21			(7		)	(33	)
Amortization	7		3			4			NM
Other noninterest expense	111		168			(57		)	(34	)
Total noninterest expense	1,280		1,357			(77		)	(6	)
INCOME BEFORE PROVISION FOR INCOME TAXES	622		536			86			16
Provision for income taxes	191		125			66			53
NET INCOME INCLUDING INCOME ATTRIBUTABLE TO NONCONTROLLING INTEREST	431		411			20			5
Net income attributable to noncontrolling interest	2		6			(4		)	(67	)
NET INCOME		$429		$405			$24		6	%
NET INCOME AVAILABLE TO COMMON SHAREHOLDERS		$411		$393			$18		5	%
Net interest income - FTE 1	1,175		1,239			(64		)	(5	)
Net income per average common share:
Diluted	0.78		0.73			0.05			7
Basic	0.79		0.74			0.05			7
Cash dividends paid per common share	0.20		0.10			0.10			100
Average common shares outstanding:
Diluted	526,837		536,992			(10,155		)	(2	)
Basic	521,020		531,162			(10,142		)	(2	)

¹ Net interest income includes the effects of FTE adjustments using a federal tax rate of 35% and state income taxes where applicable to increase tax-exempt interest income to a taxable-equivalent basis. See Appendix A for a reconcilement of this non-U.S. GAAP measure to the related U.S.GAAP measure.

² “NM” - Not meaningful. Those changes over 100 percent were not considered to be meaningful.

12

SunTrust Banks, Inc. and Subsidiaries

FIVE QUARTER CONSOLIDATED STATEMENTS OF INCOME

(Dollars in millions and shares in thousands, except per share data) (Unaudited)

	Three Months Ended										Three Months Ended
	March 31		December 31			(Decrease)/Increase					September 30			June 30			March 31
	2015		2014			Amount			% 2		2014			2014			2014
Interest income		$1,272		$1,349			($77	)	(6	)%		$1,353			$1,346			$1,336
Interest expense	132		138			(6		)	(4	)	138			137			132
NET INTEREST INCOME	1,140		1,211			(71		)	(6	)	1,215			1,209			1,204
Provision for credit losses	55		74			(19		)	(26	)	93			73			102
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES	1,085		1,137			(52		)	(5	)	1,122			1,136			1,102
NONINTEREST INCOME
Service charges on deposit accounts	151		162			(11		)	(7	)	169			160			155
Other charges and fees	89		94			(5		)	(5	)	95			91			88
Card fees	80		82			(2		)	(2	)	81			82			76
Investment banking income	97		109			(12		)	(11	)	88			119			88
Trading income	55		40			15			38		46			47			49
Trust and investment management income	84		84			—			—		93			116			130
Retail investment services	72		73			(1		)	(1	)	76			76			71
Mortgage production related income	83		61			22			36		45			52			43
Mortgage servicing related income	43		53			(10		)	(19	)	44			45			54
Net securities losses	—		(5		)	(5		)	(100	)	(9		)	(1		)	(1		)
Other noninterest income	63		42			21			50		52			170			38
Total noninterest income	817		795			22			3		780			957			791
NONINTEREST EXPENSE
Employee compensation and benefits	771		670			101			15		730			763			800
Outside processing and software	189		206			(17		)	(8	)	184			181			170
Net occupancy expense	84		86			(2		)	(2	)	84			83			86
Equipment expense	40		42			(2		)	(5	)	41			42			44
FDIC premium/regulatory exams	37		32			5			16		29			40			40
Marketing and customer development	27		43			(16		)	(37	)	35			30			25
Operating losses	14		174			(160		)	(92	)	29			218			21
Amortization	7		11			(4		)	(36	)	7			4			3
Other noninterest expense	111		146			(35		)	(24	)	120			156			168
Total noninterest expense	1,280		1,410			(130		)	(9	)	1,259			1,517			1,357
INCOME BEFORE PROVISION FOR INCOME TAXES	622		522			100			19		643			576			536
Provision for income taxes	191		128			63			49		67			173			125
NET INCOME INCLUDING INCOME ATTRIBUTABLE TO NONCONTROLLING INTEREST	431		394			37			9		576			403			411
Net income attributable to noncontrolling interest	2		—			2			NM		—			4			6
NET INCOME		$429		$394			$35		9	%		$576			$399			$405
NET INCOME AVAILABLE TO COMMON SHAREHOLDERS		$411		$378			$33		9	%		$563			$387			$393
Net interest income - FTE 1	1,175		1,248			(73		)	(6	)	1,251			1,244			1,239
Net income per average common share:
Diluted	0.78		0.72			0.06			8		1.06			0.72			0.73
Basic	0.79		0.72			0.07			10		1.07			0.73			0.74
Cash dividends paid per common share	0.20		0.20			—			—		0.20			0.20			0.10
Average common shares outstanding:
Diluted	526,837		527,959			(1,122		)	—		533,230			535,486			536,992
Basic	521,020		521,775			(755		)	—		527,402			529,764			531,162

¹ Net interest income includes the effects of FTE adjustments using a federal tax rate of 35% and state income taxes where applicable to increase tax-exempt interest income to a taxable-equivalent basis. See Appendix A for a reconcilement of this non-U.S. GAAP measure to the related U.S. GAAP measure.

² “NM” - Not meaningful. Those changes over 100 percent were not considered to be meaningful.

13

SunTrust Banks, Inc. and Subsidiaries

CONSOLIDATED BALANCE SHEETS

(Dollars in millions and shares in thousands, except per share data) (Unaudited)

	March 31						(Decrease)/Increase
	2015			2014			Amount			% 2
ASSETS
Cash and due from banks		$6,483			$6,978			($495	)	(7	)%
Federal funds sold and securities borrowed or purchased under agreements to resell	1,233			907			326			36
Interest-bearing deposits in other banks	22			22			—			—
Trading assets and derivatives	6,595			4,848			1,747			36
Securities available for sale	26,761			23,302			3,459			15
Loans held for sale ("LHFS")	3,404			1,488			1,916			NM
Loans held for investment:
Commercial and industrial ("C&I")	65,574			58,828			6,746			11
Commercial real estate ("CRE")	6,389			5,961			428			7
Commercial construction	1,484			920			564			61
Residential mortgages - guaranteed	655			3,295			(2,640		)	(80	)
Residential mortgages - nonguaranteed	23,419			24,331			(912		)	(4	)
Residential home equity products	13,954			14,637			(683		)	(5	)
Residential construction	417			532			(115		)	(22	)
Consumer student loans - guaranteed	4,337			5,533			(1,196		)	(22	)
Consumer other direct	4,937			3,109			1,828			59
Consumer indirect	10,336			11,339			(1,003		)	(9	)
Consumer credit cards	878			711			167			23
Total loans held for investment	132,380			129,196			3,184			2
Allowance for loan and lease losses ("ALLL")	(1,893		)	(2,040		)	(147		)	(7	)
Net loans held for investment	130,487			127,156			3,331			3
Goodwill	6,337			6,377			(40		)	(1	)
Other intangible assets	1,193			1,282			(89		)	(7	)
Other real estate owned ("OREO")	79			151			(72		)	(48	)
Other assets	7,287			7,031			256			4
Total assets 1		$189,881			$179,542			$10,339		6	%
LIABILITIES
Deposits:
Noninterest-bearing consumer and commercial deposits		$42,376			$39,792			$2,584		6	%
Interest-bearing consumer and commercial deposits:
NOW accounts	34,574			29,151			5,423			19
Money market accounts	49,430			43,196			6,234			14
Savings	6,304			6,217			87			1
Consumer time	6,670			8,102			(1,432		)	(18	)
Other time	3,885			4,475			(590		)	(13	)
Total consumer and commercial deposits	143,239			130,933			12,306			9
Brokered time deposits	884			2,023			(1,139		)	(56	)
Foreign deposits	300			—			300			NM
Total deposits	144,423			132,956			11,467			9
Funds purchased	1,299			1,269			30			2
Securities sold under agreements to repurchase	1,845			2,133			(288		)	(14	)
Other short-term borrowings	1,438			5,277			(3,839		)	(73	)
Long-term debt	13,012			11,565			1,447			13
Trading liabilities and derivatives	1,459			1,041			418			40
Other liabilities	3,145			3,484			(339		)	(10	)
Total liabilities	166,621			157,725			8,896			6
SHAREHOLDERS' EQUITY
Preferred stock, no par value	1,225			725			500			69
Common stock, $1.00 par value	550			550			—			—
Additional paid in capital	9,074			9,107			(33		)	—
Retained earnings	13,600			12,278			1,322			11
Treasury stock, at cost, and other	(1,124		)	(643		)	481			75
Accumulated other comprehensive loss	(65		)	(200		)	(135		)	(68	)
Total shareholders' equity	23,260			21,817			1,443			7
Total liabilities and shareholders' equity		$189,881			$179,542			$10,339		6	%
Common shares outstanding	522,031			534,780			(12,749		)	(2	)%
Common shares authorized	750,000			750,000			—			—
Preferred shares outstanding	12			7			5			71
Preferred shares authorized	50,000			50,000			—			—
Treasury shares of common stock	27,890			15,141			12,749			84

¹ Includes earning assets of $168,269 and $158,487 at March 31, 2015 and 2014, respectively.

² “NM” - Not meaningful. Those changes over 100 percent were not considered to be meaningful.

14

SunTrust Banks, Inc. and Subsidiaries

FIVE QUARTER CONSOLIDATED BALANCE SHEETS

(Dollars in millions and shares in thousands, except per share data) (Unaudited)

	March 31			December 31			(Decrease)/Increase					September 30			June 30			March 31
	2015			2014			Amount			%		2014			2014			2014
ASSETS
Cash and due from banks		$6,483			$7,047			($564	)	(8	)%		$7,178			$5,681			$6,978
Federal funds sold and securities borrowed or purchased under agreements to resell	1,233			1,160			73			6		1,125			1,156			907
Interest-bearing deposits in other banks	22			22			—			—		22			22			22
Trading assets and derivatives	6,595			6,202			393			6		5,782			5,141			4,848
Securities available for sale	26,761			26,770			(9		)	—		26,162			24,015			23,302
LHFS	3,404			3,232			172			5		1,739			4,046			1,488
Loans held for investment:
C&I	65,574			65,440			134			—		63,140			61,337			58,828
CRE	6,389			6,741			(352		)	(5	)	6,704			6,105			5,961
Commercial construction	1,484			1,211			273			23		1,250			1,096			920
Residential mortgages - guaranteed	655			632			23			4		651			661			3,295
Residential mortgages - nonguaranteed	23,419			23,443			(24		)	—		23,718			24,173			24,331
Residential home equity products	13,954			14,264			(310		)	(2	)	14,389			14,519			14,637
Residential construction	417			436			(19		)	(4	)	464			508			532
Consumer student loans - guaranteed	4,337			4,827			(490		)	(10	)	5,314			5,420			5,533
Consumer other direct	4,937			4,573			364			8		4,110			3,675			3,109
Consumer indirect	10,336			10,644			(308		)	(3	)	11,594			11,501			11,339
Consumer credit cards	878			901			(23		)	(3	)	817			749			711
Total loans held for investment	132,380			133,112			(732		)	(1	)	132,151			129,744			129,196
ALLL	(1,893		)	(1,937		)	(44		)	(2	)	(1,968		)	(2,003		)	(2,040		)
Net loans held for investment	130,487			131,175			(688		)	(1	)	130,183			127,741			127,156
Goodwill	6,337			6,337			—			—		6,337			6,337			6,377
Other intangible assets	1,193			1,219			(26		)	(2	)	1,320			1,277			1,282
OREO	79			99			(20		)	(20	)	112			136			151
Other assets	7,287			7,065			222			3		6,858			7,007			7,031
Total assets 1		$189,881			$190,328			($447	)	—	%		$186,818			$182,559			$179,542
LIABILITIES
Deposits:
Noninterest-bearing consumer and commercial deposits		$42,376			$41,096			$1,280		3	%		$42,542			$40,891			$39,792
Interest-bearing consumer and commercial deposits:
NOW accounts	34,574			33,326			1,248			4		28,414			29,243			29,151
Money market accounts	49,430			48,013			1,417			3		46,892			43,942			43,196
Savings	6,304			5,925			379			6		6,046			6,133			6,217
Consumer time	6,670			6,881			(211		)	(3	)	7,068			7,334			8,102
Other time	3,885			3,993			(108		)	(3	)	4,115			4,249			4,475
Total consumer and commercial deposits	143,239			139,234			4,005			3		135,077			131,792			130,933
Brokered time deposits	884			958			(74		)	(8	)	1,180			1,483			2,023
Foreign deposits	300			375			(75		)	(20	)	250			10			—
Total deposits	144,423			140,567			3,856			3		136,507			133,285			132,956
Funds purchased	1,299			1,276			23			2		1,000			1,053			1,269
Securities sold under agreements to repurchase	1,845			2,276			(431		)	(19	)	2,089			2,192			2,133
Other short-term borrowings	1,438			5,634			(4,196		)	(74	)	7,283			5,870			5,277
Long-term debt	13,012			13,022			(10		)	—		12,942			13,155			11,565
Trading liabilities and derivatives	1,459			1,227			232			19		1,231			1,190			1,041
Other liabilities	3,145			3,321			(176		)	(5	)	3,497			3,683			3,484
Total liabilities	166,621			167,323			(702		)	—		164,549			160,428			157,725
SHAREHOLDERS’ EQUITY
Preferred stock, no par value	1,225			1,225			—			—		725			725			725
Common stock, $1.00 par value	550			550			—			—		550			550			550
Additional paid in capital	9,074			9,089			(15		)	—		9,090			9,085			9,107
Retained earnings	13,600			13,295			305			2		13,020			12,560			12,278
Treasury stock, at cost, and other	(1,124		)	(1,032		)	92			9		(939		)	(730		)	(643		)
Accumulated other comprehensive loss	(65		)	(122		)	(57		)	(47	)	(177		)	(59		)	(200		)
Total shareholders’ equity	23,260			23,005			255			1		22,269			22,131			21,817
Total liabilities and shareholders’ equity		$189,881			$190,328			($447	)	—	%		$186,818			$182,559			$179,542
Common shares outstanding	522,031			524,540			(2,509		)	—	%	527,358			532,800			534,780
Common shares authorized	750,000			750,000			—			—		750,000			750,000			750,000
Preferred shares outstanding	12			12			—			—		7			7			7
Preferred shares authorized	50,000			50,000			—			—		50,000			50,000			50,000
Treasury shares of common stock	27,890			25,381			2,509			10		22,563			17,121			15,141

¹ Includes earning assets of $168,269, $168,678, $165,434, $162,422, and $158,487 at March 31, 2015, December 31, 2014, September 30, 2014, June 30, 2014, and March 31, 2014, respectively.

15

SunTrust Banks, Inc. and Subsidiaries CONSOLIDATED DAILY AVERAGE BALANCES, AVERAGE YIELDS EARNED AND RATES PAID (Dollars in millions; yields on taxable-equivalent basis) (Unaudited)
	Three Months Ended														Increase/(Decrease) From
	March 31, 2015							December 31, 2014							Sequential Quarter					Prior Year Quarter
	Average Balances			Interest Income/ Expense		Yields/ Rates		Average Balances			Interest Income/ Expense		Yields/ Rates		Average Balances			Yields/ Rates		Average Balances			Yields/ Rates
ASSETS
Loans:
Commercial and industrial ("C&I") - FTE 1		$65,725			$511	3.15	%		$64,523			$554	3.41	%		$1,202		(0.26	)		$7,438		(0.59	)
Commercial real estate ("CRE")	6,475			44		2.77		6,535			47		2.83		(60		)	(0.06	)	859			(0.16	)
Commercial construction	1,342			10		3.17		1,245			10		3.23		97			(0.06	)	448			(0.14	)
Residential mortgages - guaranteed	638			6		3.58		624			6		4.08		14			(0.50	)	(2,713		)	(0.04	)
Residential mortgages - nonguaranteed	23,104			222		3.84		23,266			227		3.91		(162		)	(0.07	)	(829		)	(0.21	)
Residential home equity products	13,953			125		3.63		14,151			126		3.54		(198		)	0.09		(563		)	0.04
Residential construction	398			5		5.21		424			5		4.57		(26		)	0.64		(87		)	0.81
Consumer student loans - guaranteed	4,755			43		3.70		5,158			47		3.65		(403		)	0.05		(768		)	—
Consumer other direct	4,747			50		4.24		4,345			46		4.20		402			0.04		1,788			(0.01	)
Consumer indirect	10,708			83		3.13		11,588			93		3.19		(880		)	(0.06	)	(591		)	(0.12	)
Consumer credit cards	880			22		9.84		850			21		9.66		30			0.18		164			0.28
Nonaccrual	613			4		2.90		729			7		3.60		(116		)	(0.70	)	(333		)	0.92
Total loans	133,338			1,125		3.42		133,438			1,189		3.54		(100		)	(0.12	)	4,813			(0.32	)
Securities available for sale:
Taxable	25,676			139		2.17		25,659			155		2.41		17			(0.24	)	3,254			(0.51	)
Tax-exempt - FTE 1	192			2		5.19		219			3		5.26		(27		)	(0.07	)	(72		)	(0.06	)
Total securities available for sale	25,868			141		2.18		25,878			158		2.44		(10		)	(0.26	)	3,182			(0.53	)
Federal funds sold and securities borrowed or purchased under agreements to resell	1,141			—		—		1,205			—		—		(64		)	—		163			—
Loans held for sale ("LHFS")	2,630			22		3.33		1,826			17		3.70		804			(0.37	)	1,180			(0.72	)
Interest-bearing deposits	23			—		0.12		22			—		0.04		1			0.08		1			(0.01	)
Interest earning trading assets	5,179			19		1.49		4,858			22		1.78		321			(0.29	)	1,497			(0.38	)
Total earning assets	168,179			1,307		3.15		167,227			1,386		3.29		952			(0.14	)	10,836			(0.38	)
Allowance for loan and lease losses ("ALLL")	(1,910		)					(1,931		)					21					127
Cash and due from banks	6,567							6,661							(94		)			1,131
Other assets	14,417							14,574							(157		)			(410		)
Noninterest earning trading assets and derivatives	1,402							1,357							45					103
Unrealized gains on securities available for sale, net	610							453							157					507
Total assets		$189,265							$188,341							$924					$12,294
LIABILITIES AND SHAREHOLDERS’ EQUITY
Interest-bearing deposits:
NOW accounts		$33,159			$7	0.09	%		$30,367			$6	0.08	%		$2,792		0.01			$5,452		0.02
Money market accounts	49,193			21		0.18		47,910			20		0.16		1,283			0.02		6,438			0.06
Savings	6,082			1		0.04		5,987			1		0.03		95			0.01		47			—
Consumer time	6,793			13		0.77		6,970			13		0.76		(177		)	0.01		(1,525		)	(0.31	)
Other time	3,957			10		1.00		4,067			10		0.99		(110		)	0.01		(576		)	(0.19	)
Total interest-bearing consumer and commercial deposits	99,184			52		0.21		95,301			50		0.21		3,883			—		9,836			(0.03	)
Brokered time deposits	916			4		1.50		1,055			5		1.66		(139		)	(0.16	)	(1,096		)	(0.81	)
Foreign deposits	334			—		0.13		344			—		0.12		(10		)	0.01		333			(0.47	)
Total interest-bearing deposits	100,434			56		0.22		96,700			55		0.22		3,734			—		9,073			(0.07	)
Funds purchased	1,040			—		0.10		973			—		0.11		67			(0.01	)	51			0.02
Securities sold under agreements to repurchase	1,922			1		0.19		2,279			1		0.19		(357		)	—		(280		)	0.09
Interest-bearing trading liabilities	882			5		2.37		961			6		2.38		(79		)	(0.01	)	183			(0.37	)
Other short-term borrowings	3,698			2		0.19		6,581			3		0.20		(2,883		)	(0.01	)	(1,890		)	(0.05	)
Long-term debt	13,018			68		2.13		12,967			73		2.23		51			(0.10	)	1,651			0.08
Total interest-bearing liabilities	120,994			132		0.44		120,461			138		0.45		533			(0.01	)	8,788			(0.04	)
Noninterest-bearing deposits	41,292							41,591							(299		)			2,244
Other liabilities	3,279							3,143							136					(245		)
Noninterest-bearing trading liabilities and derivatives	528							392							136					62
Shareholders’ equity	23,172							22,754							418					1,445
Total liabilities and shareholders’ equity		$189,265							$188,341							$924					$12,294
Interest Rate Spread						2.71	%						2.84	%				(0.13	)				(0.34	)
Net Interest Income - FTE 1					$1,175							$1,248
Net Interest Margin 2						2.83	%						2.96	%				(0.13	)				(0.36	)

¹ The fully taxable-equivalent (“FTE”) basis adjusts for the tax-favored status of net interest income from certain loans and investments. The Company believes this measure to be the preferred industry measurement of net interest income and it enhances comparability of net interest income arising from taxable and tax-exempt sources.

² The net interest margin is calculated by dividing annualized net interest income - FTE by average total earning assets.

16

SunTrust Banks, Inc. and Subsidiaries CONSOLIDATED DAILY AVERAGE BALANCES, AVERAGE YIELDS EARNED AND RATES PAID, continued (Dollars in millions; yields on taxable-equivalent basis) (Unaudited)
	Three Months Ended
	September 30, 2014							June 30, 2014							March 31, 2014
	Average Balances			Interest Income/ Expense		Yields/ Rates		Average Balances			Interest Income/ Expense		Yields/ Rates		Average Balances			Interest Income/ Expense		Yields/ Rates
ASSETS
Loans:
C&I - FTE 1		$61,700			$548	3.53	%		$60,141			$545	3.63	%		$58,287			$538	3.74	%
CRE	6,386			46		2.86		6,052			44		2.92		5,616			41		2.93
Commercial construction	1,162			9		3.21		1,006			9		3.41		894			7		3.31
Residential mortgages - guaranteed	635			6		3.64		2,994			27		3.62		3,351			30		3.62
Residential mortgages - nonguaranteed	23,722			236		3.99		23,849			237		3.98		23,933			242		4.05
Residential home equity products	14,260			129		3.58		14,394			128		3.58		14,516			129		3.59
Residential construction	445			6		5.27		474			5		4.34		485			5		4.40
Consumer student loans - guaranteed	5,360			49		3.66		5,463			50		3.64		5,523			50		3.70
Consumer other direct	3,876			41		4.20		3,342			35		4.23		2,959			31		4.25
Consumer indirect	11,556			92		3.15		11,388			91		3.19		11,299			91		3.25
Consumer credit cards	788			19		9.74		732			18		9.63		716			17		9.56
Nonaccrual	857			5		2.16		899			6		2.81		946			5		1.98
Total loans	130,747			1,186		3.60		130,734			1,195		3.67		128,525			1,186		3.74
Securities available for sale:
Taxable	24,195			151		2.49		22,799			147		2.58		22,422			150		2.68
Tax-exempt - FTE 1	235			3		5.24		263			3		5.26		264			3		5.25
Total securities available for sale	24,430			154		2.52		23,062			150		2.61		22,686			153		2.71
Federal funds sold and securities borrowed or purchased under agreements to resell	1,036			—		—		1,047			—		—		978			—		—
LHFS	3,367			30		3.53		1,678			17		4.03		1,450			15		4.05
Interest-bearing deposits	53			—		0.05		25			—		0.16		22			—		0.13
Interest earning trading assets	4,055			19		1.85		3,827			19		1.98		3,682			17		1.87
Total earning assets	163,688			1,389		3.37		160,373			1,381		3.45		157,343			1,371		3.53
ALLL	(1,988		)					(2,023		)					(2,037		)
Cash and due from banks	5,573							5,412							5,436
Other assets	14,613							14,675							14,827
Noninterest earning trading assets and derivatives	1,215							1,155							1,299
Unrealized gains on securities available for sale, net	332							228							103
Total assets		$183,433							$179,820							$176,971
LIABILITIES AND SHAREHOLDERS’ EQUITY
Interest-bearing deposits:
NOW accounts		$28,224			$5	0.07	%		$29,198			$6	0.08	%		$27,707			$5	0.07	%
Money market accounts	45,562			17		0.15		42,963			15		0.14		42,755			13		0.12
Savings	6,098			1		0.03		6,182			1		0.04		6,035			—		0.04
Consumer time	7,186			14		0.75		7,701			17		0.89		8,318			22		1.08
Other time	4,182			10		0.99		4,398			12		1.07		4,533			13		1.19
Total interest-bearing consumer and commercial deposits	91,252			47		0.20		90,442			51		0.22		89,348			53		0.24
Brokered time deposits	1,392			7		1.91		1,890			10		2.19		2,012			12		2.31
Foreign deposits	232			—		0.11		3			—		—		1			—		0.60
Total interest-bearing deposits	92,876			54		0.23		92,335			61		0.27		91,361			65		0.29
Funds purchased	937			—		0.10		825			—		0.09		989			—		0.08
Securities sold under agreements to repurchase	2,177			1		0.13		2,148			1		0.12		2,202			1		0.10
Interest-bearing trading liabilities	778			5		2.72		783			6		2.83		699			5		2.74
Other short-term borrowings	6,559			4		0.23		5,796			3		0.23		5,588			3		0.24
Long-term debt	13,064			74		2.24		12,014			66		2.21		11,367			58		2.05
Total interest-bearing liabilities	116,391			138		0.47		113,901			137		0.48		112,206			132		0.48
Noninterest-bearing deposits	40,943							40,030							39,048
Other liabilities	3,620							3,599							3,524
Noninterest-bearing trading liabilities and derivatives	288							296							466
Shareholders’ equity	22,191							21,994							21,727
Total liabilities and shareholders’ equity		$183,433							$179,820							$176,971
Interest Rate Spread						2.90	%						2.97	%						3.05	%
Net Interest Income - FTE 1					$1,251							$1,244							$1,239
Net Interest Margin 2						3.03	%						3.11	%						3.19	%

¹  The fully taxable-equivalent (“FTE”) basis adjusts for the tax-favored status of net interest income from certain loans and investments. The Company believes this measure to be the preferred industry measurement of net interest income and it enhances comparability of net interest income arising from taxable and tax-exempt sources.

²  The net interest margin is calculated by dividing annualized net interest income - FTE by average total earning assets.

17

SunTrust Banks, Inc. and Subsidiaries OTHER FINANCIAL DATA (Dollars in millions) (Unaudited)
	Three Months Ended
	March 31						(Decrease)/Increase
	2015			2014			Amount			% 4
CREDIT DATA
Allowance for credit losses - beginning		$1,991			$2,094			($103	)	(5	)%
Provision/(benefit) for unfunded commitments	—			(4		)	4			(100	)
Provision for loan losses:
Commercial	7			39			(32		)	(82	)
Residential	25			48			(23		)	(48	)
Consumer	23			19			4			21
Total provision for loan losses	55			106			(51		)	(48	)
Charge-offs:
Commercial	(28		)	(33		)	(5		)	(15	)
Residential	(68		)	(85		)	(17		)	(20	)
Consumer	(34		)	(33		)	1			3
Total charge-offs	(130		)	(151		)	(21		)	(14	)
Recoveries:
Commercial	11			14			(3		)	(21	)
Residential	9			17			(8		)	(47	)
Consumer	11			10			1			10
Total recoveries	31			41			(10		)	(24	)
Net charge-offs	(99		)	(110		)	(11		)	(10	)
Allowance for credit losses - ending		$1,947			$2,086			($139	)	(7	)%
Components:
Allowance for loan and lease losses ("ALLL")		$1,893			$2,040			($147	)	(7	)%
Unfunded commitments reserve	54			46			8			17
Allowance for credit losses		$1,947			$2,086			($139	)	(7	)%
Net charge-offs to average loans (annualized):
Commercial	0.09		%	0.12		%	(0.03		)	(25	)%
Residential	0.62			0.64			(0.02		)	(3	)
Consumer	0.46			0.47			(0.01		)	(2	)
Total net charge-offs to total average loans	0.30			0.35			(0.05		)	(14	)
Period Ended
Nonaccrual/nonperforming loans ("NPLs"):
Commercial		$165			$229			($64	)	(28	)%
Residential	442			684			(242		)	(35	)
Consumer	5			12			(7		)	(58	)
Total nonaccrual/nonperforming loans ("NPLs")	612			925			(313		)	(34	)
Other real estate owned (“OREO”)	79			151			(72		)	(48	)
Other repossessed assets	5			7			(2		)	(29	)
Nonperforming loans held for sale ("LHFS")	—			12			(12		)	(100	)
Total nonperforming assets ("NPAs")		$696			$1,095			($399	)	(36	)%
Accruing restructured loans		$2,589			$2,783			($194	)	(7	)%
Nonaccruing restructured loans	255			358			(103		)	(29	)
Accruing loans past due > 90 days (guaranteed)	937			1,095			(158		)	(14	)
Accruing loans past due > 90 days (non-guaranteed)	43			42			1			2
Accruing LHFS past due > 90 days	12			1			11			NM
NPLs to total loans	0.46		%	0.72		%	(0.26		)	(36	)%
NPAs to total loans plus OREO, other repossessed assets, and nonperforming LHFS	0.53			0.85			(0.32		)	(38	)
ALLL to period-end loans 1, 2	1.43			1.58			(0.15		)	(9	)
ALLL to period-end loans, excluding government guaranteed loans 1, 2, 3	1.49			1.70			(0.21		)	(12	)
ALLL to NPLs 1, 2	310x			223x			87x			39
ALLL to annualized net charge-offs 1	4.69x			4.56x			0.13x			3

¹ This ratio is computed using the allowance for loan and lease losses.

² Loans carried at fair value were excluded from the calculation.

³ See Appendix A for reconciliation of non-U.S. GAAP performance measures.

⁴ "NM" - Not meaningful. Those changes over 100 percent were not considered to be meaningful.

18

SunTrust Banks, Inc. and Subsidiaries FIVE QUARTER OTHER FINANCIAL DATA (Dollars in millions) (Unaudited)
	Three Months Ended											Three Months Ended
	March 31			December 31			(Decrease)/Increase					September 30			June 30			March 31
	2015			2014			Amount			% 4		2014			2014			2014
CREDIT DATA
Allowance for credit losses - beginning		$1,991			$2,011			($20	)	(1	)%		$2,046			$2,086			$2,094
Provision/(benefit) for unfunded commitments	—			11			(11		)	(100	)	—			(3		)	(4		)
Provision for loan losses:
Commercial	7			29			(22		)	(76	)	25			18			39
Residential	25			12			13			NM		34			32			48
Consumer	23			22			1			5		34			26			19
Total provision for loan losses	55			63			(8		)	(13	)	93			76			106
Charge-offs:
Commercial	(28		)	(31		)	(3		)	(10	)	(26		)	(38		)	(33		)
Residential	(68		)	(65		)	3			5		(104		)	(90		)	(85		)
Consumer	(34		)	(38		)	(4		)	(11	)	(34		)	(30		)	(33		)
Total charge-offs	(130		)	(134		)	(4		)	(3	)	(164		)	(158		)	(151		)
Recoveries:
Commercial	11			17			(6		)	(35	)	14			12			14
Residential	9			13			(4		)	(31	)	12			23			17
Consumer	11			10			1			10		10			10			10
Total recoveries	31			40			(9		)	(23	)	36			45			41
Net charge-offs	(99		)	(94		)	5			5		(128		)	(113		)	(110		)
Allowance for credit losses - ending		$1,947			$1,991			($44	)	(2	)%		$2,011			$2,046			$2,086
Components:
ALLL		$1,893			$1,937			($44	)	(2	)%		$1,968			$2,003			$2,040
Unfunded commitments reserve	54			54			—			—		43			43			46
Allowance for credit losses		$1,947			$1,991			($44	)	(2	)%		$2,011			$2,046			$2,086
Net charge-offs to average loans (annualized):
Commercial	0.09		%	0.08		%	0.01			13	%	0.07		%	0.15		%	0.12		%
Residential	0.62			0.53			0.09			17		0.91			0.64			0.64
Consumer	0.46			0.49			(0.03		)	(6	)	0.45			0.38			0.47
Total net charge-offs to total average loans	0.30			0.28			0.02			7		0.39			0.35			0.35
Period Ended
Nonaccrual/NPLs:
Commercial		$165			$173			($8	)	(5	)%		$219			$247			$229
Residential	442			455			(13		)	(3	)	535			642			684
Consumer	5			6			(1		)	(17	)	8			10			12
Total nonaccrual/NPLs	612			634			(22		)	(3	)	762			899			925
OREO	79			99			(20		)	(20	)	112			136			151
Other repossessed assets	5			9			(4		)	(44	)	7			6			7
Nonperforming LHFS	—			38			(38		)	(100	)	53			—			12
Total NPAs		$696			$780			($84	)	(11	)%		$934			$1,041			$1,095
Accruing restructured loans		$2,589			$2,592			($3	)	—	%		$2,596			$2,617			$2,783
Nonaccruing restructured loans	255			273			(18		)	(7	)	316			365			358
Accruing loans past due > 90 days (guaranteed)	937			1,022			(85		)	(8	)	1,031			1,011			1,095
Accruing loans past due > 90 days (non-guaranteed)	43			35			8			23		35			34			42
Accruing LHFS past due > 90 days	12			1			11			NM		—			1			1
NPLs to total loans	0.46		%	0.48		%	(0.02		)	(4	)%	0.58		%	0.69		%	0.72		%
NPAs to total loans plus OREO, other repossessed assets, and nonperforming LHFS	0.53			0.59			(0.06		)	(10	)	0.71			0.80			0.85
ALLL to period-end loans 1, 2	1.43			1.46			(0.03		)	(2	)	1.49			1.55			1.58
ALLL to period-end loans, excluding government guaranteed loans 1, 2, 3	1.49			1.52			(0.03		)	(2	)	1.56			1.62			1.70
ALLL to NPLs 1, 2	310x			307x			3			1		260x			225x			223x
ALLL to annualized net charge-offs 1	4.69x			5.19x			0.50x			10		3.88x			4.41x			4.56x

¹ This ratio is computed using the allowance for loan and lease losses.

² Loans carried at fair value were excluded from the calculation.

³ See Appendix A for reconciliation of non-U.S. GAAP performance measures.

⁴ "NM" - Not meaningful. Those changes over 100 percent were not considered to be meaningful.

19

SunTrust Banks, Inc. and Subsidiaries OTHER FINANCIAL DATA, continued (Dollars in millions and shares in thousands) (Unaudited)
	Three Months Ended March 31
	Core Deposit Intangibles			MSRs - Fair Value			Other			Total
OTHER INTANGIBLE ASSETS ROLLFORWARD
Balance, beginning of period		$4			$1,300			$30			$1,334
Amortization	(1		)	—			(2		)	(3		)
Mortgage servicing rights (“MSRs”) originated	—			32			—			32
Fair value changes due to inputs and assumptions 1	—			(46		)	—			(46		)
Other changes in fair value 2	—			(35		)	—			(35		)
Balance, March 31, 2014		$3			$1,251			$28			$1,282
Balance, beginning of period		$—			$1,206			$13			$1,219
Amortization	—			—			(1		)	(1		)
MSRs originated	—			46			—			46
MSRs purchased	—			56			—			56
Fair value changes due to inputs and assumptions 1	—			(78		)	—			(78		)
Other changes in fair value 2	—			(48		)	—			(48		)
Sale of MSRs	—			(1		)	—			(1		)
Balance, March 31, 2015		$—			$1,181			$12			$1,193

¹ Primarily reflects changes in discount rates and prepayment speed assumptions, due to changes in interest rates.

² Represents changes due to the collection of expected cash flows, net of accretion, due to the passage of time.

	Three Months Ended
	March 31		December 31		September 30		June 30		March 31
	2015		2014		2014		2014		2014
COMMON SHARE ROLLFORWARD
Balance, beginning of period	524,540		527,358		532,800		534,780		536,097
Common shares issued for employee benefit plans and restricted stock activity	364		106		39		109		37
Repurchase of common stock	(2,873	)	(2,924	)	(5,481	)	(2,089	)	(1,354	)
Balance, end of period	522,031		524,540		527,358		532,800		534,780

20

SunTrust Banks, Inc. and Subsidiaries RECONCILEMENT OF NON-U.S. GAAP MEASURES APPENDIX A TO THE EARNINGS RELEASE (Dollars in millions, except per share data) (Unaudited)
	Three Months Ended
	March 31			December 31			September 30			June 30			March 31
	2015			2014			2014			2014			2014
NON-U.S. GAAP MEASURES PRESENTED IN THE EARNINGS RELEASE1
Net interest income		$1,140			$1,211			$1,215			$1,209			$1,204
Taxable-equivalent adjustment	35			37			36			35			35
Net interest income - FTE	1,175			1,248			1,251			1,244			1,239
Noninterest income	817			795			780			957			791
Total revenue - FTE	1,992			2,043			2,031			2,201			2,030
Gain on sale of asset management subsidiary	—			—			—			(105		)	—
Total revenue - FTE, excluding gain on sale of asset management subsidiary 2		$1,992			$2,043			$2,031			$2,096			$2,030
Noninterest income		$817			$795			$780			$957			$791
Gain on sale of asset management subsidiary	—			—			—			(105		)	—
Noninterest income, excluding gain on sale of asset management subsidiary 2		$817			$795			$780			$852			$791
Return on average common shareholders’ equity	7.59		%	6.91		%	10.41		%	7.29		%	7.59		%
Effect of removing average intangible assets, excluding MSRs	2.94			2.71			4.18			3.00			3.19
Return on average tangible common shareholders' equity 3	10.53		%	9.62		%	14.59		%	10.29		%	10.78		%
Efficiency ratio 4	64.23		%	69.00		%	62.03		%	68.93		%	66.83		%
Impact of excluding amortization of intangible assets	(0.32		)	(0.56		)	(0.34		)	(0.16		)	(0.18		)
Tangible efficiency ratio 5	63.91			68.44			61.69			68.77			66.65
Impact of Form 8-K and other legacy mortgage-related items	—			(7.10		)	—			(5.08		)	—
Adjusted tangible efficiency ratio 5, 6	63.91		%	61.34		%	61.69		%	63.69		%	66.65		%
	March 31			December 31			September 30			June 30			March 31
	2015			2014			2014			2014			2014
Total shareholders' equity		$23,260			$23,005			$22,269			$22,131			$21,817
Goodwill, net of deferred taxes of $231 million, $214 million, $210 million, $206 million, and $193 million, respectively	(6,106		)	(6,123		)	(6,127		)	(6,131		)	(6,184		)
Other intangible assets, net of deferred taxes of $0, $0, $0, $1 million, and $1 million, respectively, and MSRs	(1,193		)	(1,219		)	(1,320		)	(1,276		)	(1,281		)
MSRs	1,181			1,206			1,305			1,259			1,251
Tangible equity	17,142			16,869			16,127			15,983			15,603
Preferred stock	(1,225		)	(1,225		)	(725		)	(725		)	(725		)
Tangible common equity		$15,917			$15,644			$15,402			$15,258			$14,878
Total assets		$189,881			$190,328			$186,818			$182,559			$179,542
Goodwill	(6,337		)	(6,337		)	(6,337		)	(6,337		)	(6,377		)
Other intangible assets including MSRs	(1,193		)	(1,219		)	(1,320		)	(1,277		)	(1,282		)
MSRs	1,181			1,206			1,305			1,259			1,251
Tangible assets		$183,532			$183,978			$180,466			$176,204			$173,134
Tangible equity to tangible assets 7	9.34		%	9.17		%	8.94		%	9.07		%	9.01		%
Tangible book value per common share 8		$30.49			$29.82			$29.21			$28.64			$27.82
Total loans		$132,380			$133,112			$132,151			$129,744			$129,196
Government guaranteed loans	(4,992		)	(5,459		)	(5,965		)	(6,081		)	(8,828		)
Loans held at fair value	(268		)	(272		)	(284		)	(292		)	(299		)
Total loans, excluding government guaranteed and fair value loans		$127,120			$127,381			$125,902			$123,371			$120,069
ALLL to total loans, excluding government guaranteed and fair value loans 9	1.49		%	1.52		%	1.56		%	1.62		%	1.70		%

21

SunTrust Banks, Inc. and Subsidiaries RECONCILEMENT OF NON-U.S. GAAP MEASURES APPENDIX A TO THE EARNINGS RELEASE, continued (Dollars in millions, except per share data) (Unaudited)
	Three Months Ended
	March 31		December 31			September 30			June 30			March 31
	2015		2014			2014			2014			2014
NON-U.S. GAAP MEASURES PRESENTED IN THE EARNINGS RELEASE1
Net income available to common shareholders		$411		$378			$563			$387			$393
Form 8-K and other legacy mortgage-related items:
Operating losses related to settlement of certain legal matters	—		—			—			204			—
Gain on sale of asset management subsidiary	—		—			—			(105		)	—
Other legacy mortgage-related matters	—		145			—			(25		)	—
Tax benefit related to above items	—		(57		)	—			(25		)	—
Tax benefit related to completion of tax authority exam	—		—			(130		)	—			—
Total Form 8-K and other legacy mortgage-related items	—		88			(130		)	49			—
Adjusted net income available to common shareholders 6		$411		$466			$433			$436			$393
Net income per average common share, diluted		$0.78		$0.72			$1.06			$0.72			$0.73
Impact of Form 8-K and other legacy mortgage-related items	—		0.17			(0.25		)	0.09			—
Adjusted net income per average common diluted share 6, 10		$0.78		$0.88			$0.81			$0.81			$0.73

¹ Certain amounts in this schedule are presented net of applicable income taxes, which are calculated based on each subsidiary’s federal and state tax rates and laws. In general, the federal marginal tax rate is 35%, but the state marginal tax rates range from 1% to 8% in accordance with the subsidiary’s income tax filing requirements with various tax authorities. Additionally, the effective tax rate may differ from the federal and state marginal tax rates in certain cases where a permanent difference exists.

² SunTrust presents total revenue - FTE excluding gain on sale of asset management subsidiary and noninterest income excluding gain on sale of asset management subsidiary. The Company believes revenue and noninterest income excluding the gain on sale of the asset management subsidiary is more indicative of the Company’s performance because it isolates income that is primarily client relationship and client transaction driven and is more indicative of normalized operations.

³ SunTrust presents return on average tangible common shareholders' equity to exclude intangible assets, except for MSRs. The Company believes this measure is useful to investors because, by removing the effect of intangible assets, except for MSRs (the level of which may vary from company to company), it allows investors to more easily compare the Company’s return on average common shareholders' equity to other companies in the industry who present a similar measure. The Company also believes that removing intangible assets, except for MSRs, is a more relevant measure of the return on the Company's common shareholders' equity.

⁴ Computed by dividing noninterest expense by total revenue - FTE. The FTE basis adjusts for the tax-favored status of net interest income from certain loans and investments. The Company believes this measure to be the preferred industry measurement of net interest income and it enhances comparability of net interest income arising from taxable and tax-exempt sources.

⁵ SunTrust presents a tangible efficiency ratio, which excludes the amortization of intangible assets. The Company believes this measure is useful to investors because, by removing the effect of these intangible asset costs (the level of which may vary from company to company), it allows investors to more easily compare the Company’s efficiency to other companies in the industry. This measure is utilized by management to assess the efficiency of the Company and its lines of business.

⁶ SunTrust presents adjusted net income available to common shareholders, adjusted net income per average common diluted share, and an adjusted tangible efficiency ratio excluding items previously announced on Form 8-Ks filed with the SEC on January 5, 2015, September 9, 2014, and July 3, 2014, as well as other legacy mortgage-related items. The Company believes this measure is useful to investors because it removes the effect of material items impacting current and prior periods' results, allowing a more useful view of normalized operations. Removing these items also allows investors to compare the Company's results to other companies in the industry that may not have had similar items impacting their results.

⁷ SunTrust presents a tangible equity to tangible assets ratio that excludes the after-tax impact of purchase accounting intangible assets. The Company believes this measure is useful to investors because, by removing the effect of intangible assets that result from merger and acquisition activity (the level of which may vary from company to company), it allows investors to more easily compare the Company’s capital adequacy to other companies in the industry. This measure is used by management to analyze capital adequacy.

⁸ SunTrust presents a tangible book value per common share that excludes the after-tax impact of purchase accounting intangible assets and also excludes preferred stock from tangible equity. The Company believes this measure is useful to investors because, by removing the effect of intangible assets that result from merger and acquisition activity as well as preferred stock (the level of which may vary from company to company), it allows investors to more easily compare the Company’s book value on common stock to other companies in the industry.

⁹ SunTrust presents a ratio of ALLL to total loans, excluding government guaranteed and fair value loans. The Company believes that the exclusion of loans that are held at fair value with no related allowance, and loans guaranteed by a government agency that do not have an associated allowance recorded due to nominal risk of principal loss, better depicts the allowance relative to loans the allowance is intended to cover.

¹⁰Amounts may not foot as presented due to rounding.

22

SunTrust Banks, Inc. and Subsidiaries CONSUMER BANKING AND PRIVATE WEALTH MANAGEMENT (Dollars in millions) (Unaudited)
	Three Months Ended March 31
	2015			2014			% Change
Statements of Income:
Net interest income		$667			$644		4	%
FTE adjustment	—			—			—
Net interest income - FTE	667			644			4
Provision for credit losses 1	70			53			32
Net interest income - FTE - after provision for credit losses	597			591			1
Noninterest income before securities gains	363			361			1
Securities gains, net	—			—			—
Total noninterest income	363			361			1
Noninterest expense before amortization	719			704			2
Amortization	1			3			(67	)
Total noninterest expense	720			707			2
Income - FTE - before provision for income taxes	240			245			(2	)
Provision for income taxes	89			90			(1	)
FTE adjustment	—			—			—
Net income including income attributable to noncontrolling interest	151			155			(3	)
Less: net income attributable to noncontrolling interest	—			—			—
Net income		$151			$155		(3	)
Total revenue - FTE		$1,030			$1,005		2
Selected Average Balances:
Total loans		$41,128			$41,259		—	%
Goodwill	4,262			4,262			—
Other intangible assets excluding MSRs	13			23			(43	)
Total assets	47,133			46,938			—
Consumer and commercial deposits	90,681			84,358			7
Performance Ratios:
Efficiency ratio	69.96		%	70.33		%
Impact of excluding amortization and associated funding cost of intangible assets	(1.66		)	(2.08		)
Tangible efficiency ratio	68.30		%	68.25		%
Other Information (End of Period):
Managed (discretionary) assets		$45,840			$50,639		(9	)%
Non-managed assets	57,439			55,039			4
Total assets under administration	103,279			105,678			(2	)
Brokerage assets	48,440			44,398			9
Total assets under advisement		$151,719			$150,076		1

¹  Provision for credit losses represents net charge-offs by segment combined with an allocation to the segments for the provision attributable to quarterly changes in the allowance for loan and lease losses and unfunded commitment reserve balances.

23

SunTrust Banks, Inc. and Subsidiaries WHOLESALE BANKING (Dollars in millions) (Unaudited)
	Three Months Ended March 31
	2015			2014 1			% Change 3
Statements of Income:
Net interest income		$428			$391		9	%
FTE adjustment	34			34			—
Net interest income - FTE	462			425			9
(Benefit)/provision for credit losses 2	(4		)	23			NM
Net interest income - FTE - after (benefit)/provision for credit losses	466			402			16
Noninterest income before securities gains	311			275			13
Securities gains, net	—			—			—
Total noninterest income	311			275			13
Noninterest expense before amortization	402			418			(4	)
Amortization	5			—			NM
Total noninterest expense	407			418			(3	)
Income - FTE - before provision for income taxes	370			259			43
Provision for income taxes	91			49			86
FTE adjustment	34			34			—
Net income including income attributable to noncontrolling interest	245			176			39
Less: net income attributable to noncontrolling interest	—			—			—
Net income		$245			$176		39
Total revenue - FTE		$773			$700		10
Selected Average Balances:
Total loans		$67,732			$58,936		15	%
Goodwill	2,075			2,067			—
Other intangible assets excluding MSRs	—			—			—
Total assets	81,227			70,041			16
Consumer and commercial deposits	47,478			42,287			12
Performance Ratios:
Efficiency ratio	52.62		%	59.69		%
Impact of excluding amortization and associated funding cost of intangible assets	(1.41		)	(1.06		)
Tangible efficiency ratio	51.21		%	58.63		%

¹  During the second quarter of 2014 the Company sold its registered asset management subsidiary, RidgeWorth; the results of which were previously reported within the Wholesale Banking segment. The financial results of RidgeWorth for the three months ended March 31, 2014 have been transferred to the Corporate Other segment to provide for enhanced comparability for the Wholesale Banking segment excluding RidgeWorth.

²  (Benefit)/provision for credit losses represents net charge-offs by segment combined with an allocation to the segments for the provision attributable to quarterly changes in the allowance for loan and lease losses and unfunded commitment reserve balances.

³  “NM” - Not meaningful. Those changes over 100 percent were not considered to be meaningful.

24

SunTrust Banks, Inc. and Subsidiaries MORTGAGE BANKING (Dollars in millions) (Unaudited)
	Three Months Ended March 31
	2015			2014			% Change 2
Statements of Income:
Net interest income		$121			$134		(10	)%
FTE adjustment	—			—			—
Net interest income - FTE	121			134			(10	)
(Benefit)/provision for credit losses 1	(10		)	26			NM
Net interest income - FTE - after (benefit)/provision for credit losses	131			108			21
Noninterest income before securities gains	132			100			32
Securities gains, net	—			—			—
Total noninterest income	132			100			32
Noninterest expense before amortization	177			186			(5	)
Amortization	—			—			—
Total noninterest expense	177			186			(5	)
Income - FTE - before provision for income taxes	86			22			NM
Provision for income taxes	28			6			NM
FTE adjustment	—			—			—
Net income including income attributable to noncontrolling interest	58			16			NM
Less: net income attributable to noncontrolling interest	—			—			—
Net Income		$58			$16		NM
Total revenue - FTE		$253			$234		8
Selected Average Balances:
Total loans		$24,439			$28,286		(14	)%
Goodwill	—			—			—
Other intangible assets excluding MSRs	—			—			—
Total assets	27,936			31,550			(11	)
Consumer and commercial deposits	2,359			1,887			25
Performance Ratios:
Efficiency ratio	70.20		%	79.26		%
Impact of excluding amortization and associated funding cost of intangible assets	—			—
Tangible efficiency ratio	70.20		%	79.26		%
Other Information:
Production Data
Channel mix
Retail		$2,423			$1,680		44	%
Correspondent	2,686			1,426			88
Total production		$5,109			$3,106		64
Channel mix - percent
Retail	47		%	54		%
Correspondent	53			46
Total production	100		%	100		%
Purchase and refinance mix
Refinance		$3,071			$1,355		NM
Purchase	2,038			1,751			16
Total production		$5,109			$3,106		64
Purchase and refinance mix - percent
Refinance	60		%	44		%
Purchase	40			56
Total production	100		%	100		%
Applications		$9,794			$5,029		95
Mortgage Servicing Data (End of Period):
Total loans serviced		$141,760			$135,180		5	%
Total loans serviced for others	115,179			105,746			9
Net carrying value of MSRs	1,181			1,251			(6	)
Ratio of net carrying value of MSRs to total loans serviced for others	1.025		%	1.183		%

¹ (Benefit)/provision for credit losses represents net charge-offs by segment combined with an allocation to the segments for the provision attributable to quarterly changes in the allowance for loan and lease losses and unfunded commitment reserve balances.

² “NM” - Not meaningful. Those changes over 100 percent were not considered to be meaningful.

25

SunTrust Banks, Inc. and Subsidiaries CORPORATE OTHER (Dollars in millions) (Unaudited)
	Three Months Ended March 31
	2015			2014 1			% Change 4
Statements of Income:
Net interest (expense)/income 2		($76	)		$35		NM
FTE adjustment	1			1			—
Net interest (expense)/income - FTE 2	(75		)	36			NM
Benefit for credit losses 3	(1		)	—			NM
Net interest (expense)/income - FTE - after benefit for credit losses 2	(74		)	36			NM
Noninterest income before securities losses	11			56			(80	)
Securities losses, net	—			(1		)	(100	)
Total noninterest income	11			55			(80	)
Noninterest expense before amortization	(25		)	46			NM
Amortization	1			—			NM
Total noninterest expense	(24		)	46			NM
(Loss)/income - FTE - before benefit for income taxes	(39		)	45			NM
Benefit for income taxes	(17		)	(20		)	(15	)
FTE adjustment	1			1			—
Net (loss)/income including income attributable to noncontrolling interest	(23		)	64			NM
Less: net income attributable to noncontrolling interest	2			6			(67	)
Net (loss)/income		($25	)		$58		NM
Total revenue - FTE		($64	)		$91		NM
Selected Average Balances:
Total loans		$39			$44		(11	)%
Securities available for sale	25,809			22,585			14
Goodwill	—			40			(100	)
Other intangible assets excluding MSRs	—			9			(100	)
Total assets	32,969			28,442			16
Consumer and commercial deposits	(42		)	(136		)	(69	)
Other Information (End of Period):
Managed (discretionary) assets		$—			$44,314		(100	)%
Non-managed assets	—			—			—
Total assets under administration	—			44,314			(100	)
Brokerage assets	—			—			—
Total assets under advisement		$—			$44,314		(100	)
Duration of investment portfolio (in years)	3.6			4.5
Net interest income interest rate sensitivity:
% Change in net interest income under:
Instantaneous 100 bp increase in rates over next 12 months	3.8		%	2.3		%
Instantaneous 200 bp increase in rates over next 12 months	7.2		%	4.5		%
Instantaneous 25 bp decrease in rates over next 12 months	(1.2		)%	(0.9		)%

¹  During the second quarter of 2014 the Company sold its registered asset management subsidiary, RidgeWorth; the results of which were previously reported within the Wholesale Banking segment. The financial results of RidgeWorth for the three months ended March 31, 2014 have been transferred to the Corporate Other segment to provide for enhanced comparability for the Wholesale Banking segment excluding RidgeWorth.

²  Net interest expense is driven by matched funds transfer pricing applied for segment reporting and actual net interest income.

³  Benefit for credit losses represents net charge-offs by segment combined with an allocation to the segments for the provision attributable to quarterly changes in the allowance for loan and lease losses and unfunded commitment reserve balances.

⁴  “NM” - Not meaningful. Those changes over 100 percent were not considered to be meaningful.

26

SunTrust Banks, Inc. and Subsidiaries

CONSOLIDATED - SEGMENT TOTALS

(Dollars in millions) (Unaudited)

	Three Months Ended March 31
	2015			2014			% Change 1
Statements of Income:
Net interest income		$1,140			$1,204		(5	)%
FTE adjustment	35			35			—
Net interest income - FTE	1,175			1,239			(5	)
Provision for credit losses	55			102			(46	)
Net interest income - FTE - after provision for credit losses	1,120			1,137			(1	)
Noninterest income before securities losses	817			792			3
Securities losses, net	—			(1		)	(100	)
Total noninterest income	817			791			3
Noninterest expense before amortization	1,273			1,354			(6	)
Amortization	7			3			NM
Total noninterest expense	1,280			1,357			(6	)
Income - FTE - before provision for income taxes	657			571			15
Provision for income taxes	191			125			53
FTE adjustment	35			35			—
Net income including income attributable to noncontrolling interest	431			411			5
Less: net income attributable to noncontrolling interest	2			6			(67	)
Net income		$429			$405		6
Total revenue - FTE		$1,992			$2,030		(2	)
Selected Average Balances:
Total loans		$133,338			$128,525		4	%
Goodwill	6,337			6,369			(1	)
Other intangible assets excluding MSRs	13			32			(59	)
Total assets	189,265			176,971			7
Consumer and commercial deposits	140,476			128,396			9
Performance Ratios:
Efficiency ratio	64.23		%	66.83		%
Impact of excluding amortization and associated funding cost of intangible assets	(0.32		)	(0.18		)
Tangible efficiency ratio	63.91		%	66.65		%
Other Information (End of Period):
Managed (discretionary) assets		$45,840			$94,953		(52	)%
Non-managed assets	57,439			55,039			4
Total assets under administration	103,279			149,992			(31	)
Brokerage assets	48,440			44,398			9
Total assets under advisement		$151,719			$194,390		(22	)

¹  “NM” - Not meaningful. Those changes over 100 percent were not considered to be meaningful.

27

EX-99.2

1Q 2015 Earnings Presentation April 20, 2015

2 The following should be read in conjunction with the financial statements, notes and other information contained in the Company’s 2014 Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K. This presentation includes non-GAAP financial measures to describe SunTrust’s performance. The reconciliations of those measures to GAAP measures are provided within or in the appendix of this presentation. In this presentation, the Company presents net interest income and net interest margin on a fully taxable-equivalent (“FTE”) basis, and ratios on an annualized basis. The FTE basis adjusts for the tax-favored status of income from certain loans and investments. The Company believes this measure to be the preferred industry measurement of net interest income and provides relevant comparison between taxable and non-taxable amounts. This presentation contains forward-looking statements. Statements regarding future levels of the efficiency ratio, swap income, and capital returns are forward-looking statements. Also, any statement that does not describe historical or current facts is a forward-looking statement. These statements often include the words “believes,” “expects,” “anticipates,” “estimates,” “intends,” “plans,” “targets,” “initiatives,” “potentially,” “probably,” “projects,” “outlook” or similar expressions or future conditional verbs such as “may,” “will,” “should,” “would,” and “could"; such statements are based upon the current beliefs and expectations of management and on information currently available to management. Such statements speak as of the date hereof, and we do not assume any obligation to update the statements made herein or to update the reasons why actual results could differ from those contained in such statements in light of new information or future events. Forward-looking statements are subject to significant risks and uncertainties. Investors are cautioned against placing undue reliance on such statements. Actual results may differ materially from those set forth in the forward- looking statements. Factors that could cause actual results to differ materially from those described in the forward-looking statements can be found in Part I, “Item 1A. Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2014 and in other periodic reports that we file with the SEC. Those factors include: as one of the largest lenders in the Southeast and Mid-Atlantic U.S. and a provider of financial products and services to consumers and businesses across the U.S., our financial results have been, and may continue to be, materially affected by general economic conditions. A deterioration of economic conditions or of the financial markets may materially adversely affect our lending and other businesses and our financial results and condition; legislation and regulation, including the Dodd-Frank Act, as well as future legislation and/or regulation, could require us to change certain of our business practices, reduce our revenue, impose additional costs on us, or otherwise adversely affect our business operations and/or competitive position; we are subject to capital adequacy and liquidity guidelines and, if we fail to meet these guidelines, our financial condition would be adversely affected; loss of customer deposits and market illiquidity could increase our funding costs; we rely on the mortgage secondary market and GSEs for some of our liquidity; our framework for managing risks may not be effective in mitigating risk and loss to us; we are subject to credit risk; our ALLL may not be adequate to cover our eventual losses; we may have more credit risk and higher credit losses to the extent that our loans are concentrated by loan type, industry segment, borrower type, or location of the borrower or collateral; a downgrade in the U.S. government's sovereign credit rating, or in the credit ratings of instruments issued, insured or guaranteed by related institutions, agencies or instrumentalities, could result in risks to us and general economic conditions that we are not able to predict; we are subject to certain risks related to originating and selling mortgages. We may be required to repurchase mortgage loans or indemnify mortgage loan purchasers as a result of breaches of representations and warranties, borrower fraud, or certain breaches of our servicing agreements, and this could harm our liquidity, results of operations, and financial condition; we face certain risks as a servicer of loans; we are subject to risks related to delays in the foreclosure process; our earnings may be affected by volatility in mortgage production and servicing revenues, and by changes in carrying values of our MSRs and mortgages held for sale due to changes in interest rates; changes in market interest rates or capital markets could adversely affect our revenue and expense, the value of assets and obligations, and the availability and cost of capital and liquidity; disruptions in our ability to access global capital markets may adversely affect our capital resources and liquidity; the fiscal and monetary policies of the federal government and its agencies could have a material adverse effect on our earnings; clients could pursue alternatives to bank deposits, causing us to lose a relatively inexpensive source of funding; consumers may decide not to use banks to complete their financial transactions, which could affect net income; we have businesses other than banking which subject us to a variety of risks; negative public opinion could damage our reputation and adversely impact business and revenues; we rely on other companies to provide key components of our business infrastructure; we are at risk of increased losses from fraud; a failure in or breach of our operational or security systems or infrastructure, or those of our third party vendors and other service providers, including as a result of cyber-attacks, could disrupt our businesses, result in the disclosure or misuse of confidential or proprietary information, damage our reputation, increase our costs and cause losses; the soundness of other financial institutions could adversely affect us; we depend on the accuracy and completeness of information about clients and counterparties; competition in the financial services industry is intense and could result in losing business or margin declines; maintaining or increasing market share depends on market acceptance and regulatory approval of new products and services; we might not pay dividends on our common stock; our ability to receive dividends from our subsidiaries could affect our liquidity and ability to pay dividends; any reduction in our credit rating could increase the cost of our funding from the capital markets; we have in the past and may in the future pursue acquisitions, which could affect costs and from which we may not be able to realize anticipated benefits; we are subject to certain litigation, and our expenses related to this litigation may adversely affect our results; we may incur fines, penalties and other negative consequences from regulatory violations, possibly even inadvertent or unintentional violations; we depend on the expertise of key personnel. If these individuals leave or change their roles without effective replacements, operations may suffer; we may not be able to hire or retain additional qualified personnel and recruiting and compensation costs may increase as a result of turnover, both of which may increase costs and reduce profitability and may adversely impact our ability to implement our business strategies; our accounting policies and processes are critical to how we report our financial condition and results of operations. They require management to make estimates about matters that are uncertain; changes in our accounting policies or in accounting standards could materially affect how we report our financial results and condition; our stock price can be volatile; our disclosure controls and procedures may not prevent or detect all errors or acts of fraud; our financial instruments carried at fair value expose us to certain market risks; our revenues derived from our investment securities may be volatile and subject to a variety of risks; and we may enter into transactions with off-balance sheet affiliates or our subsidiaries. Important Cautionary Statement

3 1Q 15 Summary Earnings • Earnings per share of $0.78, up 7% from prior year • Net income available to common shareholders of $411 million Revenue • Net interest income declined, primarily due to lower commercial loan swap income, as anticipated, and higher MBS premium amortization expense • Adjusted noninterest income1 increased 2% from prior year, as higher mortgage-related and capital markets- related income more than offset a decline in RidgeWorth-related revenue Expenses • Adjusted noninterest expense1 up slightly from prior quarter, as seasonally higher personnel costs were partially mitigated by declines in other operating expense categories • Adjusted noninterest expense1 down 3% from prior year due to the sale of RidgeWorth, continued expense management efforts, and a decline in operating losses Balance Sheet • Average performing loans were stable sequentially, as growth in commercial loans offset declines in residential and consumer loans • Average client deposits increased 3% sequentially, with continued favorable mix shift Credit and Capital • Nonperforming loans declined 3% from prior quarter and 34% from prior year • Net charge-off ratio was 0.30%, relatively stable to prior quarters • Basel III Common Equity Tier 1 ratio estimated to be 9.8%2, on a fully phased-in basis • Tangible book value per common share increased 2% sequentially and 10% from prior year 1. Please refer to the appendix for noninterest income and expense adjustment details 2. Please refer to the appendix for Common Equity Tier 1 (Basel III Transitional) to Common Equity Tier 1 (Basel III Fully Phased-In) reconciliation

4 $393 $436 $433 $466 $411 ($49) $130 ($88) $0.73 $0.81 $0.81 $0.88 $0.78 1Q 14 3Q 14 1Q 15 Significant Items (net) Net Income Available to Common (excl significant items) EPS (excl significant items) Net Income Available To Common & Diluted EPS Solid earnings growth from prior year ($ in millions, except per-share data) 1. 2Q 14 reported EPS was $0.72, and reported net income available to common was $387 million. 3Q 14 reported EPS was $1.06 and reported net income available to common was $563 million. 4Q 14 reported EPS was $0.72, and reported net income available to common was $378 million. Please refer to the appendix for reconciliation to adjusted figures Note: Graphs not drawn to scale Prior Quarter Variance • Adjusted EPS down $0.10 → Driven by lower net interest income and seasonally higher personnel expenses → Partially offset by higher noninterest income and a lower loan loss provision expense Prior Year Variance • EPS increased $0.05, or 7% → Driven by lower loan loss provision expense, reduced noninterest expenses, and an increase in mortgage-related income → Partially offset by lower net interest income and a higher tax rate 2Q 141 4Q 141 1

5 Net Interest Income - FTE Net interest income lower ($ in millions) Prior Quarter Variance • Net interest income lower due to the anticipated decline in commercial loan swap income, higher MBS premium amortization expense, and fewer days in the quarter • Net interest margin declined 13 basis points, primarily driven by: → Lower commercial loan swap income (7 basis points) → Higher MBS premium amortization expense (4 basis points) Prior Year Variance • Net interest income was lower, as solid loan and deposit growth was more than offset by declines in earning asset yields due to the prolonged low interest rate environment and a decline in commercial loan swap income $1,239 $1,244 $1,251 $1,248 $1,175 3.19% 3.11% 3.03% 2.96% 2.83% 1Q 14 2Q 14 3Q 14 4Q 14 1Q 15 Net Interest Income Net Interest Margin

6 $789 $855 $783 $792 $801 $102 $16 1Q 14 2Q 14 3Q 14 4Q 14 1Q 15 Adjusted Noninterest Income¹ Adjustment Items¹ Noninterest Income Noninterest income higher ($ in millions) Prior Quarter Variance • Adjusted noninterest income1 increased by $9 million → Mortgage production income up $22 million on higher production volume and gain-on-sale margins → Trading income up $15 million due to increased client activity and valuation adjustments in the prior quarter → Partially offset by seasonal declines in other fee income categories Prior Year Variance • Adjusted noninterest income1 increased by $12 million → Growth in mortgage-related income and capital markets-related income more than offset a decline in RidgeWorth-related revenue $957 1. Noninterest income on a GAAP basis was $791 million, $957 million, $780 million, $795 million, and $817 million for 1Q 14, 2Q 14, 3Q 14, 4Q 14, and 1Q 15, respectively. Please refer to the appendix for noninterest income adjustment details Note: Totals may not foot due to rounding $817 $2 $3 ($3) $791 $780 $795

7 $1,321 $1,338 $1,267 $1,264 $1,280 $36 $179 $145 1Q 14 2Q 14 3Q 14 4Q 14 1Q 15 Adjusted Noninterest Expense¹ Adjustment Items¹ Noninterest Expense Adjusted expenses1 higher versus prior quarter and down from prior year ($ in millions) $1,410 1. Noninterest expense on a GAAP basis was $1,357 million, $1,517 million, $1,259 million, and $1,410 million for 1Q 14, 2Q 14, 3Q 14, and 4Q 14, respectively. Please refer to the appendix for noninterest expense adjustment details Note: Totals may not foot due to rounding Prior Quarter Variance • Adjusted noninterest expense1 increased $16 million → Personnel costs increased $101 million due to typical seasonality and lower incentive and benefits-related accruals in the prior quarter → Partially offset by seasonal declines in certain expense categories, lower legal and consulting costs, and certain discrete recoveries Prior Year Variance • Adjusted noninterest expense1 declined $41 million → Driven by the sale of RidgeWorth, certain discrete recoveries, and overall continued expense discipline $1,517 $1,357 $1,259 ($8)

8 Adjusted Tangible Efficiency Ratio1 Full-year 2015 target is <63% 1. Calculated on a tangible basis and excluding certain items that are material and/or potentially nonrecurring. The GAAP efficiency ratios for 1Q 14, 2Q 14, 3Q 14, 4Q 14, and 1Q 15 were 66.8%, 68.9%, 62.0%, 69.0%, and 64.2%, respectively. Please refer to the appendix for the GAAP reconciliations 64.9% 63.6% 61.9% 61.4% 64.4% 1Q 14 2Q 14 3Q 14 4Q 14 1Q 15

9 Credit Quality Asset quality remains strong ($ in millions) Nonperforming Loans Provision for Credit Losses Allowance for Loan and Lease Losses Net Charge-offs $925 $899 $762 $634 $612 0.72% 0.69% 0.58% 0.48% 0.46% 1Q 14 2Q 14 3Q 14 4Q 14 1Q 15 Nonperforming Loans Nonperforming Loan Ratio $110 $113 $128 $94 $99 0.35% 0.35% 0.39% 0.28% 0.30% 1Q 14 2Q 14 3Q 14 4Q 14 1Q 15 Net Charge-offs NCO Ratio (annualized) $102 $73 $93 $74 $55 1Q 14 2Q 14 3Q 14 4Q 14 1Q 15 $2,040 $2,003 $1,968 $1,937 $1,893 1.58% 1.55% 1.49% 1.46% 1.43% 1Q 14 2Q 14 3Q 14 4Q 14 1Q 15 ALLL ALLL Ratio

10 $64.8 $67.2 $69.2 $72.3 $73.5 $42.3 $41.7 $39.1 $38.5 $38.1 $20.5 $20.9 $21.6 $21.9 $21.1 1Q 14 2Q 14 3Q 14 4Q 14 1Q 15 Commercial Residential Consumer Loans Average performing loans stable sequentially and up 4% over prior year ($ in billions, average balances) $132.7 $129.8 $129.9 $132.7 Note: Totals may not foot due to rounding Prior Quarter Variance • Average performing loans stable, as growth in commercial loans was offset by declines in residential and consumer loans, continuing the balance sheet optimization strategy → C&I up 2% → Consumer direct up 9% → Consumer indirect and guaranteed student declined 8%, primarily due to loan sales in the prior quarter → Residential down 1% Prior Year Variance • Average performing loans up $5.1 billion, or 4%, driven by growth in commercial and consumer loans → C&I up 13% → CRE up 15% → Consumer up 3% → Residential down 10% $127.6

11 $39.0 $40.0 $40.9 $41.6 $41.3 $27.7 $29.2 $28.2 $30.4 $33.2 $42.8 $43.0 $45.6 $47.9 $49.2 $6.0 $6.2 $6.1 $6.0 $6.1 $12.9 $12.1 $11.4 $11.0 $10.8 1Q 14 2Q 14 3Q 14 4Q 14 1Q 15 DDA NOW Money Market Savings Time Deposits Average client deposits increased 3% sequentially and 9% over prior year ($ in billions) 1. Lower-cost deposits include DDA, NOW, Money Market, and Savings Note: Totals may not foot due to rounding $128.4 $130.5 $132.2 $140.5 $136.9 Prior Quarter Variance • Client deposits increased $3.6 billion, or 3% → Lower-cost deposits1 increased $3.9 billion, or 3% → Time deposits declined $0.3 billion, or 3% Prior Year Variance • Client deposits increased $12.1 billion, or 9% → Lower-cost deposits1 up $14.2 billion, or 12% → Time deposits declined $2.1 billion, or 16% → Rates paid on interest-bearing client deposits declined 3 basis points, from 0.24% to 0.21%

12 8.59% 8.66% 8.53% 8.50% 8.67% 1Q 14 2Q 14 3Q 14 4Q 14 1Q 15 Capital Position Estimated Basel III Common Equity Tier 1 Ratio of 9.8%¹; Tangible Book Value Per Share Up 10% from Prior Year ($ in billions, except per-share data) Tangible Common Equity Ratio3 Tangible Book Value Per Share2 1. The Basel III calculations of Common Equity Tier 1 and the Common Equity Tier 1 ratio were estimated in prior quarters based upon the Company's interpretation at that time of the Basel III rule issued by the Federal Reserve on July 2, 2013, on a fully-phased-in basis. 1Q 15 amounts are estimated at the time of the earnings release and subject to revision. Please refer to the appendix for additional details on the 1Q 15 calculation 2. Book value per share was $39.44, $40.18, $40.85, $41.52, and $42.21 for the periods ending 1Q 14, 2Q 14, 3Q 14, 4Q 14, and 1Q 15, respectively. See Appendix A within the earnings release for a reconcilement to book value per share 3. The total shareholders’ equity to total assets ratio was 12.15%, 12.12%, 11.92%, 12.09%, and 12.25% for the periods ending 1Q 14, 2Q 14, 3Q 14, 4Q 14, and 1Q 15, respectively. Please refer to the appendix for a reconcilement of tangible common equity to shareholders’ equity and tangible assets to total assets Basel III Common Equity Tier 1 (fully phased-in)1 $27.82 $28.64 $29.21 $29.82 $30.49 1Q 14 2Q 14 3Q 14 4Q 14 1Q 15 $14.9 $15.2 $15.4 $15.6 $15.8 9.7% 9.7% 9.8% 9.7% 9.8% 1Q 14 2Q 4 3Q 14 4Q 14 1Q 15

13 Consumer Banking and PWM Highlights 1. Reported efficiency ratios were 70.3%, 67.2%, and 70.0% for 1Q 14, 4Q 14, and 1Q 15, respectively. The impacts from excluding the amortization and associated funding cost of intangible assets were (2.1%), (1.6%), and (1.7%) for 1Q 14, 4Q 14, and 1Q 15, respectively Prior Quarter Variance • Net interest income lower due to fewer days in the quarter and a decline in loan balances as a result of 4Q 14 loan sales, partially offset by higher loan spreads and deposit balances • Noninterest income down 6% due to seasonal declines in service charges on deposits and card services fees • Noninterest expense up primarily due to seasonally higher personnel costs • Provision expense higher due to moderating asset quality improvement (also applicable to prior year variance) Prior Year Variance • Net interest income higher, driven by 7% deposit growth and a favorable mix shift into higher return loans and lower cost deposits • Noninterest expense increased due to higher outside processing costs and certain discrete nonrecurring items ($ in millions) 1Q 14 4Q 14 1Q 15 % Chg Prior Qtr % Chg Prior Yr Net Interest Income (FTE) $644 $674 $667 -1% 4% Noninterest Income 361 386 363 -6% 1% Total Revenue (FTE) 1,005 1,060 1,030 -3% 2% Provision for Credit Losses 53 56 70 25% 32% Noninterest Expense 707 713 720 1% 2% Net Income $155 $184 $151 -18% -3% Key Statistics ($ in billions): Tangible Efficiency Ratio1 68.3% 65.6% 68.3% Total Loans (average) $41.3 $42.1 $41.1 -2% 0% Client Deposits (average) $84.4 $88.8 $90.7 2% 7%

14 Wholesale Banking Highlights 1. 1Q 14 reported noninterest expense, net income, and efficiency ratio were $418 million, $176 million, and 59.7%, respectively. Adjusted figures exclude the impact of a $36 million legacy affordable housing impairment expense (noninterest expense) 2. 1Q 15 reported noninterest income, net income, and efficiency ratio were $311 million, $245 million, and 52.6%, respectively. Adjusted figures exclude the impact of a $18 million legacy affordable housing recovery (noninterest income) 3. Reported efficiency ratios were 59.7%, 49.1%, and 52.6% for 1Q 14, 4Q 14, and 1Q 15, respectively. The impacts from excluding the amortization of intangible assets, the associated funding cost of intangible assets, and the adjustment noted above were (6.2%), (2.1%), and (0.2%) for 1Q 14, 4Q 14, and 1Q 15, respectively Prior Quarter Variance • Net interest income lower as loan and deposit growth was more than offset by a decline in loan spreads and fewer days in the quarter • Adjusted noninterest income improved 6%, primarily due to higher trading income • Noninterest expense increased due to seasonally higher personnel costs • Provision expense lower due to continued strong asset quality performance (also applicable to prior year variance) Prior Year Variance • Net interest income up 9%, as loan and deposit growth were partially offset by a decline in loan spreads • Adjusted noninterest income up 7% due to an increase in capital markets-related income • Adjusted noninterest expense higher due predominantly to targeted hiring in key growth areas ($ in millions) 1Q 14 Adjusted1 4Q 14 1Q 15 Adjusted2 % Chg Prior Qtr % Chg Prior Yr Net Interest Income (FTE) $425 $477 $462 -3% 9% Noninterest Income 275 276 293 6% 7% Total Revenue (FTE) 700 753 755 0% 8% Provision/(Benefit) for Credit Losses 23 32 (4) NM NM Noninterest Expense 382 370 407 10% 7% Net Income $199 $243 $234 -4% 18% Key Statistics ($ in billions): Tangible Efficiency Ratio3 53.5% 47.0% 52.5% Total Loans (average) $58.9 $66.6 $67.7 2% 15% Client Deposits (average) $42.3 $45.5 $47.5 4% 12%

15 Mortgage Banking Highlights Prior Quarter Variance • Net interest income lower due to spread compression • Noninterest income higher primarily due to increased mortgage production volume and gain-on-sale margins (also applicable to prior year variance) • Adjusted noninterest expense lower due to a decline in operating losses (also applicable to prior year variance) 1. 4Q 14 reported noninterest expense, net loss, and efficiency ratio were $332 million, ($32) million, and 131.6%, respectively. Adjusted figures exclude the impact of a $145 million legal provision for legacy mortgage matters (noninterest expense) ($ in millions) Prior Year Variance • Net income up $42 million due to higher mortgage production income and lower provision expense • Net interest income lower, primarily due to a smaller mortgage loan portfolio • Servicing portfolio up 9%, driven primarily by portfolio acquisitions 1Q 14 4Q 14 Adjusted1 1Q 15 % Chg Prior Qtr % Chg Prior Yr Net Interest Income (FTE) $134 $129 $121 -6% -10% Noninterest Income 100 123 132 7% 32% Total Revenue (FTE) 234 252 253 0% 8% Provision/(Benefit) for Credit Losses 26 (14) (10) NM NM Noninterest Expense 186 187 177 -5% -5% Net Income $16 $56 $58 4% NM Key Statistics ($ in billions): Efficiency Ratio 79.3% 74.1% 70.2% Servicing Portfolio for Others (EOP) $105.7 $115.5 $115.2 0% 9% Production Volume $3.1 $4.7 $5.1 8% 64%

Appendix

17 Mortgage Servicing Income Supplemental Information ($ in millions) 1. Includes contractually specified servicing fees, late charges, and other ancillary revenues 2. Due primarily to the receipt of monthly servicing fees and from prepayments 3. Includes both the fair value mark-to-market of the Mortgage Servicing Rights asset from changes in market rates and other assumption updates, exclusive of the decay, and the impact of using derivatives to hedge the risk of changes in the fair value of the MSR asset Note: Totals may not foot due to rounding 1Q 14 2Q 14 3Q 14 4Q 14 1Q 15 Servicing Fees 1 $80 $82 $81 $88 $81 (35) ($46) ($46) ($45) ($51) Net MSR Fair Value and Hedge Activity3 9 $10 $9 $10 $13 Mortgage Servicing Income $54 $45 $44 $53 $43 Memo: Total Loans Serviced for Others (end of period) $105,746 $105,388 $109,142 $115,534 $115,179 Annualized Servicing Fees / Total Loans Serviced for Others (bps) 31 31 30 31 29 Changes in MSR Value from Collection / Realization of Cash Flow (Decay) 2

18 Commercial Loan Swap Interest Income ($ in millions) Key Points • Commercial loan swap income is expected to remain generally stable at the 1Q 15 level for the remainder of the year • SunTrust receives a fixed rate and pays a floating rate (LIBOR) on the notional value of the swaps • SunTrust maintains a modestly asset sensitive position → As of March 31, 2015, an instantaneous 100 basis-point increase in rates would result in a 3.8% increase in net interest income over the next 12 months 1. Forecast swap income assumes LIBOR unchanged relative to March 31, 2015 levels Actual Forecast1 $102 $102 $99 $84 $54 $59 $57 $54 1Q 14 2Q 14 3Q 14 4Q 14 1Q 15 2Q 15 3Q 15 4Q 15

19 30 – 89 Day Delinquencies by Loan Class ($ in millions) 1. Excludes delinquencies on all federally guaranteed mortgages 2. Excludes delinquencies on federally guaranteed student loans 3. Excludes delinquencies on federally guaranteed mortgages and student loans from the calculation 4. Excludes mortgage loans guaranteed by GNMA that SunTrust has the option, but not the obligation, to repurchase Note: Totals may not foot due to rounding Memo: 30-89 Accruing Delinquencies 1Q 14 2Q 14 3Q 14 4Q 14 1Q 15 1Q 15 Loan Balance Commercial & industrial 0.09% 0.07% 0.07% 0.05% 0.07% $65,574 Commercial real estate 0.11% 0.07% 0.08% 0.05% 0.05% 6,389 Commercial construction 0.25% 0.04% 0.19% 0.06% 0.01% 1,484 Total Commercial Loans 0.10% 0.07% 0.08% 0.05% 0.06% $73,447 Residential mortgages – guaranteed - - - - - $655 Residential mortgages – nonguaranteed 0.50% 0.46% 0.45% 0.46% 0.40% 23,419 Home equity products 0.73% 0.72% 0.70% 0.71% 0.60% 13,954 Residential construction 1.71% 0.76% 1.03% 1.56% 1.42% 417 Total Residential Loans¹ 0.60% 0.56% 0.55% 0.57% 0.49% $38,445 Guaranteed student loans - - - - - $4,337 Other direct 0.49% 0.59% 0.61% 0.42% 0.37% 4,937 Indirect 0.57% 0.54% 0.74% 0.99% 0.71% 10,336 Credit cards 0.82% 0.81% 0.83% 0.83% 0.71% 878 Total Consumer Loans² 0.56% 0.56% 0.71% 0.82% 0.61% $20,488 Total SunTrust - excluding government-guaranteed delinquencies³ 0.32% 0.29% 0.30% 0.30% 0.26% $127,388 Impact of excluding government-guaranteed delinquencies 0.35% 0.34% 0.29% 0.34% 0.30% 4,992 Total SunTrust - including government-guaranteed delinquencies4 0.67% 0.63% 0.59% 0.64% 0.56% $132,380

20 Nonperforming Loans by Loan Class Down 3% from prior quarter and 34% from prior year ($ in millions) Note: Totals may not foot due to rounding Memo: Nonperforming Loans 1Q 14 2Q 14 3Q 14 4Q 14 1Q 15 1Q 15 Loan Balance Commercial & industrial $177 $199 $178 $151 $140 $65,574 Commercial real estate 41 38 32 21 24 6,389 Commercial construction 11 10 9 1 1 1,484 Total Commercial Loans $229 $246 $219 $173 $165 $73,447 Residential mortgages – guaranteed - - - - - $655 Residential mortgages – nonguaranteed $426 $406 $327 $254 $254 23,419 Home equity products 207 191 178 174 165 13,954 Residential construction 51 46 30 27 23 417 Total Residential Loans $684 $642 $535 $455 $442 $38,445 Guaranteed student loans - - - - - $4,337 Other direct $6 $5 $5 $6 $4 4,937 Indirect 6 6 3 - 1 10,336 Credit cards - - - - - 878 Total Consumer Loans $12 $10 $8 $6 $5 $20,488 Total SunTrust $925 $899 $762 $634 $612 $132,380

21 Net Charge-off Ratios by Loan Class Note: Totals may not foot due to rounding Stable from prior quarter and prior year ($ in millions) Memo: Net Charge-off Ratio (annualized) 1Q 14 2Q 14 3Q 14 4Q 14 1Q 15 1Q 15 Loan Balance Commercial & industrial 0.11% 0.15% 0.08% 0.12% 0.12% $65,574 Commercial real estate -0.03% 0.12% 0.07% -0.15% -0.08% 6,389 Commercial construction 1.32% 0.72% -0.64% -0.77% -0.26% 1,484 Total Commercial Loans 0.12% 0.15% 0.07% 0.08% 0.09% $73,447 Residential mortgages – guaranteed - - - - - $655 Residential mortgages – nonguaranteed 0.39% 0.66% 0.78% 0.42% 0.39% 23,419 Home equity products 1.10% 0.79% 0.78% 0.80% 0.89% 13,954 Residential construction 3.65% -0.99% 12.79% -1.08% 5.53% 417 Total Residential Loans 0.64% 0.64% 0.91% 0.53% 0.62% $38,445 Guaranteed student loans - - - - - $4,337 Other direct 1.05% 1.00% 0.74% 0.68% 0.69% 4,937 Indirect 0.40% 0.22% 0.44% 0.50% 0.40% 10,336 Credit cards 2.65% 2.94% 2.28% 2.43% 2.29% 878 Total Consumer Loans 0.47% 0.38% 0.45% 0.49% 0.46% $20,488 Total SunTrust 0.35% 0.35% 0.39% 0.28% 0.30% $132,380

22 Net Charge-offs by Loan Class Note: Totals may not foot due to rounding Stable from prior quarter and prior year ($ in millions) Memo: Net Charge-offs 1Q 14 2Q 14 3Q 14 4Q 14 1Q 15 1Q 15 Loan Balance Commercial & industrial $16 $22 $12 $19 $19 $65,574 Commercial real estate (1) 1 1 (3) (1) 6,389 Commercial construction 4 3 (2) (2) (1) 1,484 Total Commercial Loans $19 $26 $12 $14 $17 $73,447 Residential mortgages – guaranteed - - - - - $655 Residential mortgages – nonguaranteed $23 $39 $47 $24 $22 23,419 Home equity products 40 29 29 29 31 13,954 Residential construction 5 (1) 16 (1) 6 417 Total Residential Loans $68 $67 $92 $52 $59 $38,445 Guaranteed student loans - - - - - $4,337 Other direct $8 $8 $7 $8 $8 4,937 Indirect 11 7 13 15 10 10,336 Credit cards 4 5 5 5 5 878 Total Consumer Loans $23 $20 $24 $28 $23 $20,488 Total SunTrust $110 $113 $128 $94 $99 $132,380

23 Reconciliation of Noninterest Income and Expense ($ in millions) 1. Fair value items include debt, trading positions, auction rate securities, and certain mortgage loans 2. Adjusted noninterest income and expense are provided as certain items are removed that are material and/or potentially nonrecurring. Adjusted figures are intended to provide management and investors information on trends that are more comparable across periods and potentially more comparable across institutions Note: Totals may not foot due to rounding 1Q 14 2Q 14 3Q 14 4Q 14 1Q 15 Reported Noninterest Income $791 $957 $780 $795 $817 Adjustment Items: Fair value mark-to-market and securities gains/(losses) 1 2 (3) (3) 3 (2) RidgeWorth sale (Other income) - 105 - - - Legacy affordable housing recovery (Other income) - - - - 18 Total Adjustments 2 102 (3) 3 16 Adjusted Noninterest Income 2 $789 $855 $783 $792 $801 1Q 14 2Q 14 3Q 14 4Q 14 1Q 15 Reported Noninterest Exp nse $1,357 $1,517 $1,259 $1,410 $1,280 Adjustment Items: Leg cy affordable housing impairment (Other noninterest expense) 36 - (8) - - Impact of certain legacy mortgage legal matters (Operating losses) - 179 - 145 - Total Adjustments 36 179 (8) 145 - Adjusted Noninterest Expense 2 $1,321 $1,338 $1,267 $1,264 $1,280

24 Reconciliation of Efficiency Ratio ($ in millions) 1. Fair value items include debt, trading positions, auction rate securities, and certain mortgage loans 2. Adjusted revenue and expenses are provided as they remove certain items that are material and/or potentially non-recurring. Adjusted figures are intended to provide management and investors information on trends that are more comparable across periods and potentially more comparable across institutions Note: Totals may not foot due to rounding 1Q 14 2Q 14 3Q 14 4Q 14 1Q 15 Reported (GAAP) Basis Reported Revenue - FTE $2,030 $2,201 $2,031 $2,043 $1,992 Reported Noninterest Expense 1,357 1,517 1,259 1,410 1,280 Amortization 3 4 7 11 7 Efficiency Ratio 66.8% 68.9% 62.0% 69.0% 64.2% Tangible Efficiency Ratio 66.7% 68.8% 61.7% 68.4% 63.9% Adjusted Basis Reported Revenue - FTE $2,030 $2,201 $2,031 $2,043 $1,992 Adjustment Items: Fair value mark-to-market and securities gains/(losses)1 2 (3) (3) 3 (2) RidgeWorth sale - 105 - - - Legacy affordable housing recovery - - - - 18 Adjusted Revenue - FTE2 $2,029 $2,099 $2,034 $2,040 $1,976 Reported Noninterest Expense $1,357 $1,517 $1,259 $1,410 $1,280 Adjustment Items: Legacy affordable housing impairment 36 - (8) - - Impact of certain legacy mortgage legal matters - 179 - 145 - Adjusted Expense2 $1,321 $1,338 $1,267 $1,264 $1,280 Efficiency Ratio - Adjusted Basis 65.1% 63.7% 62.3% 62.0% 64.8% Tangible Efficiency Ratio - Adjusted Basis 64.9% 63.6% 61.9% 61.4% 64.4%

25 Reconciliation of Common Equity Tier 1 Ratio1 ($ in billions) 1Q 15 Common Equity Tier 1 – Transitional $15.8 Adjustments2 - Common Equity Tier 1 – Fully phased-in $15.8 Risk-weighted Assets: Common Equity Tier 1 – Transitional $159.8 Adjustments3 1.8 Risk-weighted Assets: Common Equity Tier 1 – Fully phased-in $161.6 Common Equity Tier 1 – Transitional 9.9% Common Equity Tier 1 – Fully phased-in 9.8% 1. The Common Equity Tier 1 ratio is subject to certain phase-in requirements under Basel III beginning in 2015 for SunTrust, and as such we have presented a reconciliation of the Common Equity Tier 1 ratio as calculated considering the phase-in requirements (Common Equity Tier 1 – Transitional) to the fully phased-in ratio. All figures are estimated at the time of the earnings release and subject to revision. 2. Primarily includes the phase-out from capital of certain DTAs, the overfunded pension asset, and other intangible assets. 3. Primarily relates to the increased risk weight to be applied to mortgage servicing assets on a fully phased-in basis.

26 Reconciliation of Non-GAAP Measures ($ in billions, except per-share data) Mar 31 Jun 30 Sep 30 Dec 31 Mar 31 2014 2014 2014 2014 2015 Total shareholders' equity $21.8 $22.1 $22.3 $23.0 $23.3 Goodwill, net of deferred taxes (6.2) (6.1) (6.1) (6.1) (6.1) Other intangible assets including MSRs, net of deferred taxes (1.3) (1.3) (1.3) (1.2) (1.2) MSRs 1.3 1.3 1.3 1.2 1.2 Tangible equity 15.6 16.0 16.1 16.9 17.1 Preferred stock (0.7) (0.7) (0.7) (1.2) (1.2) Tangible common equity $14.9 $15.3 $15.4 $15.6 $15.9 Total assets $179.5 $182.6 $186.8 $190.3 $189.9 Goodwill (6.4) (6.3) (6.3) (6.3) (6.3) Other intangible assets including MSRs (1.3) (1.3) (1.3) (1.2) (1.2) MSRs 1.3 1.3 1.3 1.2 1.2 Tangible assets $173.1 $176.2 $180.5 $184.0 $183.5 Tangible equity to tangible assets 9.01% 9.07% 8.94% 9.17% 9.34% Tangible common equity to tangible assets 8.59% 8.66% 8.53% 8.50% 8.67% Tangible book value per common share $27.82 $28.64 $29.21 $29.82 $30.49 Note: Totals may not foot due to rounding

27 Income Statement ($ in millions, except per-share data) 2Q 14 Reported Earnings Impact from Significant 2Q 14 Items 2Q 14 Adjusted Earnings 3Q 14 Reported Earnings Impact from Significant 3Q 14 Items 3Q 14 Adjusted Earnings 4Q 14 Reported Earnings Impact from Significant 4Q 14 Items 4Q 14 Adjusted Earnings NET INTEREST INCOME $1,209 $1,209 $1,215 $1,215 $1,211 $1,211 Provision for Credit Losses 73 73 93 93 74 74 NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES 1,136 1,136 1,122 1,122 1,137 1,137 NONINTEREST INCOME - - Service charges on deposit accounts 160 160 169 169 162 162 Trust and investment management income 116 116 93 93 84 84 Retail investment services 76 76 76 76 73 73 Other charges and fees 91 91 95 95 94 94 Investment banking income 119 119 88 88 109 109 Trading Income 47 47 46 46 40 40 Card fees 82 82 81 81 82 82 Mortgage production related income / (loss) 52 52 45 45 61 61 Mortgage servicing related income 45 45 44 44 53 53 Other noninterest income 170 105 65 52 52 42 42 Net securities gains (1) (1) (9) (9) (5) (5) Total noninterest income 957 105 852 780 780 795 795 NONINTEREST EXPENSE Employee compensation and benefits 763 763 730 730 670 670 Net occupancy expense 83 83 84 84 86 86 Outside processing and software 181 181 184 184 206 206 Equipment expense 42 42 41 41 42 42 Marketing and customer development 30 30 35 35 43 43 Amortization/impairment of intangible assets/goodwill 4 4 7 7 11 11 Operating losses 218 179 39 29 29 174 145 28 FDIC premium/regulatory exams 40 40 29 29 32 32 Other noninterest expense 156 156 120 120 146 146 Total noninterest expense 1,517 179 1,338 1,259 1,259 1,410 145 1,264 INCOME BEFORE PROVISION FOR INCOME TAXES 576 (74) 650 643 643 522 (145) 667 Provision/(benefit) for income taxes 173 (25) 198 67 (130) 197 128 (57) 185 NET INCOME INCLUDING INCOME ATTRIBUTABLE TO NONCONTROLLING INTEREST 403 (49) 452 576 130 446 394 (88) 482 Net income attributable to noncontrolling interest 4 4 - - - - NET INCOME 399 (49) 448 576 130 446 394 (88) 482 NET INCOME AVAILABLE TO COMMON SHAREHOLDERS 387 (49) 436 563 130 433 378 (88) 466 EPS - DILUTED $0.72 ($0.09) $0.81 $1.06 $0.25 $0.81 $0.72 ($0.17) $0.88 Reconciliation of 2Q 14, 3Q 14, and 4Q 14 Income Statements 1. Reflects the pre-tax gain associated with the RidgeWorth sale. 2. Reflects the pre-tax impact from the settlement of certain legacy mortgage matters. 3. Reflects the income tax benefit related to footnotes #1 and #2. 4. Reflects the income tax benefit related to the completion of a tax authority exam. 5. Reflects the legal provision for legacy mortgage matters, as highlighted in the January 5, 2015, 8-K. 6. Reflects the income tax benefit related to footnote #5 Note: Totals may not foot due to rounding 1 2 3 4 5 6